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
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

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

Join ST's Telegram channel and get the latest breaking news delivered to you.

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