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Grab to refund Philippine passengers for overcharging

Watchdog also fines company for driver-initiated ride cancellations

Grab is refunding passengers in the Philippines for overcharging.    © Reuters

HANOI -- Grab said Thursday that it would refund a total of 14.1 million pesos ($278,000) to the GrabPay wallets of passengers in the Philippines after the country's competition watchdog accused the ride-hailing company of overcharging.

According to local media reports, the Philippines Competition Commission ordered Grab Philippines to also pay an additional fine of 2 million pesos due to driver-initiated ride cancellations this year. This amount will be paid to the commission directly.

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