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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
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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.
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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.
