LTFRB, PCC sign agreement to ensure fair competition in public transport

The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday signed a memorandum of agreement (MOA) with the Philippine Competition Commission (PCC) aimed at ensuring fair competition in the public transportation sector and promoting commuters’ welfare.

“This agreement is a big leap to ensure the protection of not only the small players in the public transportation sector but also the commuters as a whole because we will be monitoring illegal practices that compromise fair competition,” said LTFRB chair Vigor Mendoza II.

In a statement, Mendoza added that the agreement is in line with President Ferdinand Marcos Jr.’s order to improve the state of public transportation in the Philippines.

He pointed out that ensuring fair competition will translate to healthy transportation services that are both affordable and comfortable for commuters.

“This agreement is also aimed at supporting growth and development of businesses related to the public transportation sector to foster a fair and competitive environment and inclusive economic growth,” Mendoza said.

Under the LTFRB’s agreement with the PCC, the two government agencies will adopt a proactive and collaborative approach in monitoring, preventing, and detecting any anti-competitive agreements or abuses of dominant position “that substantially restrict, prevent, or lessen competition.”

They will consult each other in formulating, drafting, and implementing policies that are within the LTFRB’s scope and mandate, and significantly impact competition in relation to the public transportation sector.

The MOA will also establish protocols for notification, policy coordination, investigation support, information sharing, and consultation on transport policies related to the provisions of Republic Act 10667 or the Philippine Competition Act (PCA).

Mendoza said the deal will also address anti-competitive agreements, abuse of dominant position, anti-competitive mergers and acquisitions, and other violations of the PCA.

In a separate statement, PCC chair Michael Aguinaldo said the agreement will allow the creation of joint task forces if needed to address fair competition violations.

The deal will also pave the way for logistical support for investigations and access to relevant information, subject to confidentiality and data privacy safeguards.

“This agreement strengthens our ability to safeguard commuters by embedding competition principles in public transport regulation. Working closely with LTFRB ensures better services, more choices, and fairer prices for the riding public,” Aguinaldo added. — JMA, GMA Integrated News