Cruz said this developed after the NTC-brokered settlement talks between TXTPower and Globe collapsed.
Globe rejected TXTPower’s offer of P100 for 10 days, and instead offered a P90 for 6 days, which the consumer group also rejected.
TXTPower then demanded that the NTC hold a hearing on its complaint. Acting on Globe’s motion, the NTC then decided to dismiss the TXTPower’s complaint.
“The NTC and Globe are liable for allowing the price hike. Now is the time to say Goodbye Globe,” Cruz said.