Grab Philippines said Tuesday it agreed to an extended regulatory review of its driver incentive program by the Philippine Competition Commission (PCC) as part of a voluntary commitment following its 2018 acquisition of Uber’s Southeast Asia business.
The extended one-year review period allows the PCC to finish its assessment of quarterly reports on driver incentives, which were not finalized when Grab’s commitments ended in November 2023.
“Grab has always been committed to complying with government regulations as part of our responsibility to commuters and to the Philippine transport sector,” Grab chief corporate affairs officer Sherielysse Bonifacio said in a statement.
“We believe that working closely with the government helps strengthen the industry and allows us to better serve our fellow Filipinos who rely on our platform every day,” Bonifacio said.
The 2025 agreement, the third in a series between Grab and the PCC, will cover the review of GrabCar driver incentives from May to October 2023. It also mandates the appointment of a third-party monitoring trustee to assess Grab’s compliance with its non-exclusivity commitments.
The agreement also outlines remedies for potential breaches, including the option for Grab to fix violations and pay fines if needed.
Grab merged with Uber in Southeast Asia in March 2018, acquiring Uber’s ride-hailing and food delivery operations in exchange for a 27.5-percent stake in Grab.
