Move It remains one of three motorcycle operators in the country and its accreditation will not transfer to Grab, the company said in a statement released Thursday, September 8.

“Move It is a legitimate and law-abiding participant in the Motorcycle Taxi (MC) Rider, and we advocate for the democratization of the MC Taxi Service to serve more Filipinos,” the company said in its statement.

“Regardless of ownership, Move It retains its own corporate identity and brand image under the leadership of its President, Francis Juan.”

“Given the government’s transition, we have carefully and proactively informed all relevant government agencies – based on our rigorous legal due diligence.”

Move It compared its situation to Angkas, one of two other MC taxi operators, which has secured investment from a foreign company, Creador.

Creador has not acquired accreditation from Angkas.

The allegations against Grab and Move It are obviously “an attempt to keep Move It so small that it would pose no competition to the other two operators”, the latter argued.

Competition will make the MC taxi company dynamic and its service better for the benefit of users.

For this reason, Move It “welcomes the entry of more operators for the public good”. This will force all operators to compete and offer the best services and benefits to drivers and passengers.

Competition is vital in motorcycle taxis, acknowledged Terry Ridon, head of Infrawatch PH and a former member of the House Transportation Committee.

“In the emerging motorbike taxi sector (MC sector), increased competition is vital to break the dominant position of its major player, Angkas,” he said.

The Land Transportation Franchising and Regulatory Board has opened up the sector to other players, such as Joyride and Move It, because it is vital to the public interest that no monopoly over a specific transportation sector persists.

The public has seen the impact of monopoly pricing in various segments of the economy and in the land transportation sector, not least the Philippine Competition Commission imposing sanctions on the merger of transportation companies that reduced competition in their specific sectors.

“The situation is not the same today in the MC taxi business, despite protests from some commuter groups over Grab’s acquisition of Move It,” according to Ridon.

Currently, even though Grab is the dominant player in the four-wheeler ridesharing business, it does not have a presence in the MC taxi space, and Move It’s market share is firmly behind Angkas and Joyride.

“As such, any discussion of Grab’s monopolistic tendencies in the MC taxi space is premature as it is clearly not the dominant market player in the sector,” he stressed.

In fact, Grab’s entry via Move It “will most certainly challenge the dominance of Angkas and Joyride,” Ridon explained.

Move It can play strategically on prices and the recruitment of passengers in order to challenge incumbent operators in the sector.

Ultimately, these strategic games will promote competition within the industry, and the public can expect better prizes and customer experiences, he concluded.