LTO and PCC Unite to Protect PUV Sector from Unfair Competition
Partnership aims to improve services and strengthen safeguards in the land transportation sector.
MANILA – The Land Transportation Office (LTO) and the Philippine Competition Commission (PCC) have joined forces to enhance services and protect the Public Utility Vehicle (PUV) sector against unfair competition. This collaboration is formalized through a Memorandum of Agreement (MOA).
Key Objectives of the LTO-PCC Partnership
- Strengthen safeguards against anti-competitive practices.
- Improve services within the land transportation sector.
- Promote fair competition among PUV operators.
Signing Ceremony Details
The MOA was signed by key officials from both organizations, including LTO Executive Director Greg Pua Jr. and PCC Chair Michael Aguinaldo, emphasizing the commitment of both agencies to a fairer and more competitive transportation landscape.
Impact on the PUV Sector
This partnership is expected to have a significant positive impact on the PUV sector by ensuring a level playing field for all operators. It aims to prevent monopolies and other anti-competitive behaviors that could harm the industry and the public.
Further Information
For more details, please refer to the LTO official website or the PCC website.
