Singapore watchdog fines Grab, Uber $9.5 mn over merger

Singapore watchdog fines Grab, Uber $9.5 mn over merger

6 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-09-singapore-watchdog-fines-uber-mn.html

In return, Uber received a 27.5 percent stake in Grab.

However the deal came under scrutiny across the region, and the Competition and Consumer Commission of Singapore was among watchdogs in several countries that launched probes.