Grab-Uber deal: Competition watchdog's action justified but unlikely to change situation on the ground

SINGAPORE - The Competition and Consumer Commission of Singapore's (CCCS) decision on the merger in March of Grab and Uber was the only sensible conclusion that could have emerged from the saga.

The merger saw US-based Uber selling its South-east Asian ride-hailing business to rival Grab in exchange for a 27.5 per cent stake in the Singapore-based firm.


Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?