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Manila Bulletin·3 min read·medium

LTFRB sets price cap on booking fees for app-based taxis

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Aaron Recuenco
LTFRB sets price cap on booking fees for app-based taxis
✦AI Summary

The Philippine Land Transportation Franchising and Regulatory Board (LTFRB) has implemented a price cap on booking fees for app-based taxis. Fees are now limited to 20% of the total fare or P60, whichever is lower, to standardize costs across digital platforms.

Why it matters

This regulation aims to protect consumers from inconsistent pricing and ensures fair competition within the ride-hailing and taxi industry.

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Manila Bulletin - LTFRB sets price cap on booking fees for app-based taxis

LTFRB sets price cap on booking fees for app-based taxis

The rule is either 20% of the total approved rate, or, P60—whichever is lower.

The authorized booking or platform fee is applicable uniformly to all taxi units with on-line transport platforms

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