Competition watchdog investigating if Grab-Uber merger will substantially cut competition

The Competition Commission of Singapore is evaluating if the merger  will result in greater efficiency or substantially cut competition.
The Competition Commission of Singapore is evaluating if the merger will result in greater efficiency or substantially cut competition. ST PHOTO: ARIFFIN JAMAR

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.

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