The Land Transportation Franchising and Regulatory Board (LTFRB) announced the suspension of the accreditation and operation of Uber System Inc. (Uber) for one month. LTFRB ordered the transportation company to stop its operations of their online booking application during the period of suspension.
In its advisory, The LTFRB has recommended to Uber to extend financial assistance to its affected peer-operators as an expression of good faith.
The order is to take effect immediately.
(Photo source: Twitter – @ltfrb)