PHThe Land Transportation Franchising and Regulatory Board (LTFRB) in the Philippines has introduced a price cap on booking or platform fees for taxi services booked through online platforms. The regulation, outlined in Memorandum Circular No. 2026-055, limits these fees to either PHP 60 or 20% of the total approved rate, whichever is lower. This measure follows public complaints about inconsistent and unauthorized additional charges by taxi operators using online booking systems. The LTFRB emphasized the need for transparency and fairness, stating that unclear policies had led to confusion and potential unreasonable costs for passengers. The new rules prohibit arbitrary or dynamically generated fees, require clear disclosure of charges, and mandate that any violations result in administrative penalties such as fines or suspension of licenses.
Bias read (Center): The article presents the LTFRB's regulatory action as a neutral response to public concerns about unfair pricing practices. It does not take a partisan stance but rather reports the agency's decision based on complaints and the need for transparency. While the issue of regulating taxi services could
