1. That in turn would reduce service and competition in many smaller cities, as well as raising fares for consumers. 2. Meanwhile, Land Transportation Franchising and Regulatory Board chair Dante Lantin warned transport operators against raising fares arbitrarily whenever fuel price increased. 3. The BMTA cannot boost its revenue to cover rising operating costs due to restrictions on raising fares. 4. They warned that raising fares to regulate traffic flow might be used as an excuse for further increases in future. |
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