With the recently announced plans for Uber to merge with Grab, the private-car ride-hailing industry in Singapore and South-east Asia looks set to undergo a massive structural overhaul of tectonic proportions.
What is currently a duopoly in Singapore - assuming that Grab and Uber do not operate in the same market as taxi companies and other public transportation providers - will be transformed into a monopoly if the merger is allowed to proceed by the Competition Commission of Singapore.
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