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.

Singapore watchdog fines Grab, Uber $9.5 mn over merger

Sep 24, 2018, 7:21am UTC
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.