Philippine anti-trust agency starts review of Grab-Uber deal

Philippine anti-trust agency starts review of Grab-Uber deal

6 years ago
Anonymous $gIi3-PxxKB

https://www.reuters.com/article/us-uber-grab-philippines/philippine-anti-trust-agency-starts-review-of-grab-uber-deal-idUSKCN1HA0XG

The Philippines' anti-trust agency on Tuesday started a review of Uber Technologies Inc's [UBER.UL] proposed sale of its money-losing Southeast Asian business to ride-hailing rival Grab, saying the deal could hurt competition.

Philippine anti-trust agency starts review of Grab-Uber deal

Apr 3, 2018, 11:35am UTC
https://www.reuters.com/article/us-uber-grab-philippines/philippine-anti-trust-agency-starts-review-of-grab-uber-deal-idUSKCN1HA0XG >The Philippines' anti-trust agency on Tuesday started a review of Uber Technologies Inc's [UBER.UL] proposed sale of its money-losing Southeast Asian business to ride-hailing rival Grab, saying the deal could hurt competition.