LTFRB cancels operating permits for two transport network firms over compliance breaches
The Land Transportation Franchising and Regulatory Board revoked the operating authority and renewal applications of Leggo Information Technology and Aztech Solutions International Corp. after finding they failed to meet required conditions.
In Manila, the LTFRB announced that it has withdrawn the certificates allowing Leggo Information Technology and Aztech Solutions International Corp. to run transport network services. The board said investigations confirmed the companies could not satisfy the platform-service requirements and were no longer active. Consequently, their applications for renewal were also denied.
Why it matters
The revocation highlights regulatory enforcement on ride-hailing platforms, affecting market competition and consumer options in the Philippines.
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