Uber's $6.58m fine suspended amid appeal

US ride-hailing giant's appeal against ruling on Grab merger to be heard later this year

Uber announced in March last year that it was exiting South-east Asia - including Singapore - and that its regional business would be acquired by Grab.
Uber announced in March last year that it was exiting South-east Asia - including Singapore - and that its regional business would be acquired by Grab.ST FILE PHOTO

The $6.58 million fine levied against ride-hailing giant Uber for its merger with former rival Grab last year has been suspended pending its appeal, which will be heard later this year.

Uber's appeal against the commission's ruling that its deal with Grab was anti-competitive is now before the Competition Appeal Board, a spokesman for the Competition and Consumer Commission of Singapore (CCCS) said in response to queries from The Straits Times. An appeal hearing will be held in the second half of this year.

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A version of this article appeared in the print edition of The Straits Times on April 02, 2019, with the headline 'Uber's $6.58m fine suspended amid appeal'. Subscribe