BUSINESS
Move It hit with P555-M fine over excess riders
The ride-hailing service Move It was fined P555.75 million after the Land Transportation Franchising and Regulatory Board (LTFRB) found that it had onboarded 55,571 motorcycle taxi riders more than its authorized limit.
Move It was reportedly only allowed to operate under a rider allocation of 17,746 across Metro Manila, Cebu City and Cagayan de Oro City based on a resolution by the Motorcycle Taxi Technical Working Group in April 2025.
Fine imposition
The decision issued on 9 October imposed a fine of P10,000 per excess rider while ordering Move It to explain why its authority to operate as a Motorcycle Taxi Platform Provider should not be suspended or permanently revoked.
In a statement released on Tuesday, the franchising and regulatory board explained that the imposition of the penalty was not final given that the ride-hailing service submitted a motion for reconsideration on the ruling.
The LTFRB further stated that it could not provide complete details regarding the case given that the investigation and legal proceedings were underway.
“In as much as the LTFRB wants to provide all the information in relation to the investigation conducted, the agency is constrained to do so in the interest of due process as the legal proceedings are still considered ongoing,” the statement read.
Addressing the plight of riders
Amid the issue, the agency said that its main focus was addressing the plight of the riders that were caught up in the case and acknowledged that the individuals were acting in good faith, believing that they were allowed to operate under existing rules and regulations.
It stated that it was currently working on measures to address the impact that its decision to crack down on temporary riders had on the sector while ensuring that Transportation Network Companies still complied with the government’s guidelines and regulations.