Singapore competition watchdog fines Grab, Uber $9.5 million over merger

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-uber-grab-singapore/singapore-competition-watchdog-fines-grab-uber-9-5-million-over-merger-idUSKCN1M406J

Singapore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer.

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

Sep 24, 2018, 5:16am UTC
https://www.reuters.com/article/us-uber-grab-singapore/singapore-competition-watchdog-fines-grab-uber-9-5-million-over-merger-idUSKCN1M406J >Singapore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer.