Singapore says Grab-Uber merger hurts competition, proposes fines

Singapore says Grab-Uber merger hurts competition, proposes fines

7 years ago
Anonymous $cyhBy-qkd5

https://www.cnet.com/roadshow/news/singapore-says-grab-uber-merger-hurts-competition-proposes-fines/

Singapore's antitrust watchdog says the Uber-Grab merger hurts competition and is considering a fine and other remedies.

The remedies include removing "exclusivity obligations" on drivers and selling Uber's car rental service in the country.  

Singapore says Grab-Uber merger hurts competition, proposes fines

Jul 5, 2018, 3:15pm UTC
https://www.cnet.com/roadshow/news/singapore-says-grab-uber-merger-hurts-competition-proposes-fines/ > Singapore's antitrust watchdog says the Uber-Grab merger hurts competition and is considering a fine and other remedies. > The remedies include removing "exclusivity obligations" on drivers and selling Uber's car rental service in the country.