Competitive e-hailing services will lead to cheaper fares, says Loke

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Commuters can switch to other companies if faced with fare increases, says transport minister. FMTNews E-Hailing AnthonyLoke

SEREMBAN: Commuters have a choice of using the e-hailing services of other companies if they are faced with fare increases, said Transport Minister Anthony Loke Siew Fook.

“We do not want this industry to be a monopoly and there should be competition. If there is competition, the fare will be cheap and no e-hailing company can wantonly increase their prices,” he told reporters after the launch of the Negeri Sembilan of MyCar here today. He added that any e-hailing company which is operating without a valid licence will face stern action and e-hailing drivers who have not yet abided by the conditions including getting a Public Service Vehicle have an additional three months to comply.

 

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