Singapore watchdog says Uber-Grab deal may have infringed competition
https://www.cnbc.com/2018/03/30/singapore-watchdog-says-uber-grab-deal-may-have-infringed-competition.html
Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc's deal to sell its operations in Southeast Asia to rival ride-hailing firm Grab.
In a rare move, the Competition Commission of Singapore (CCS) has commenced an investigation into the deal and proposed interim measures that will require Uber and Grab to maintain their pre-transaction independent pricing, the watchdog said in a statement on Friday.