Tweaks for a better ride-hailing market

Singapore's regulatory regime for the ride-hailing market is sound but more can be done to facilitate 'multihoming' and prevent exclusive contracts

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The rapid emergence of ride-hailing operators like Uber, Didi and Grab has challenged regulators of the point-to-point transport sector.

Some jurisdictions have declared Uber illegal (for example, Hong Kong) or imposed regulations so stringent that Uber has left (for example, Denmark). Other jurisdictions have welcomed ride-hailing operators, often subjecting them to less onerous regulations than regular taxi operators.

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A version of this article appeared in the print edition of The Straits Times on October 17, 2018, with the headline Tweaks for a better ride-hailing market. Subscribe