Having issued a provisional infringement decision against Grab for violating Singapore's competition law prohibition against mergers that substantially lessen competition, the Competition and Consumer Commission of Singapore (CCCS) has proposed a number of striking behavioural remedies to help restore the competition that was eliminated when Uber ceased its local operations and "merged" with Grab.
In March, news broke that ride-hailing company Grab acquired its US-based competitor's Singapore and South-east Asian operations for an undisclosed sum.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
