Singapore watchdog says Grab-Uber deal hurts competition, proposes fines

Singapore watchdog says Grab-Uber deal hurts competition, proposes fines

6 years ago
Anonymous $cyhBy-qkd5

https://www.reuters.com/article/us-uber-grab-singapore/singapore-watchdog-says-grab-uber-deal-hurts-competition-proposes-fines-idUSKBN1JV0KV

Singapore's anti-trust body proposed fines on Grab and Uber Technologies and warned it may have to unwind the two ride-hailing firms' merger as the deal substantially lessened competition.