Singapore proposes fines on Grab, Uber, says merger harms competition

Singapore proposes fines on Grab, Uber, says merger harms competition

6 years ago
Anonymous $cyhBy-qkd5

https://www.reuters.com/article/us-uber-grab-singapore/singapore-proposes-fines-on-grab-uber-says-merger-harms-competition-idUSKBN1JV0KV

Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses.

Singapore proposes fines on Grab, Uber, says merger harms competition

Jul 5, 2018, 12:33pm UTC
https://www.reuters.com/article/us-uber-grab-singapore/singapore-proposes-fines-on-grab-uber-says-merger-harms-competition-idUSKBN1JV0KV >Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses.