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Grab’s takeover of Trans-Cab is a smart move, but who will pay the price?

If approved by regulators, the acquisition will have profound implications for the industry, but it may not be good news for commuters.

Grab's Singapore headquarters: Will the company grab more companies after Trans-Cab?

PHOTO: ST FILE

Christopher Tan

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Ride-hailing giant

Grab’s acquisition of taxi operator Trans-Cab

last week, pending regulatory approval, has deep implications for commuters, driver-hirers, investors and competitors. Commuters, in particular, have reason to fear higher fares.

But first, a burning question.

Grab’s takeover of Trans-Cab is a smart move, but who will pay the price?

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