The Quezon City Regional Trial Court has issued a preliminary injunction, preventing the Land Transportation and Franchising Regulatory Board from imposing a 10,000 biker limit in Metro Manila and 3,000 in Cebu.
In issuing the 20-day injunction order, the court cited the “irreparable injury that would be suffered by the bikers if the implementation of LTFRB’s new policy would not be restrained”.
“Angkas has the right to protect its contracts with its bikers from being impaired and to protect its investment. Because Angkas has not recouped its initial investments and is now being forced to downsize its operations by almost two-thirds, this will seriously jeopardize the viability of its business,” the court said.
A hearing for the issuance of a writ of injunction has been set on Jan. 16.
Albay Rep. Joey Sarte Salceda, chair of the House Ways and Means Committee, earlier slammed the LTFRB for its arbitrary decision to drastically reduce the number of bikers of the ride-hailing firm Angkas, calling it an anti-consumer and anti-competitive behavior.
The Philippine Competition Commission , for its part, said forcing Angkas to displace 17,000 riders would take away what was rightfully obtained by the company.