The limits of competition policy

CCCS isn't the only regulator in the ride-hailing market. While it looks into competition issues, other policy considerations can be taken care of by the sectoral regulator, LTA.

Much ink has been spilled on how regulators should address the competition concerns raised by Uber's proposed sale of its South-east Asian business to rival Grab.

Recently, some commentators have commended the interim measures taken by the Competition and Consumer Commission of Singapore (CCCS) to ensure that the market remains open and contestable while CCCS completes its investigations, while others question their effectiveness.

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A version of this article appeared in the print edition of The Straits Times on April 20, 2018, with the headline 'The limits of competition policy'. Print Edition | Subscribe