SINGAPORE - Whether the merger of ride-hailing giants Grab and Uber will result in greater efficiency or substantially cut competition here is being evaluated by the Competition Commission of Singapore.
The competition watchdog told The Straits Times that it began an investigation into the merger on Tuesday (March 27) and that both parties responded on Wednesday to its request to clarify details of the deal.
TO READ THE FULL ARTICLE
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?