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Old 24-09-2018, 09:30 PM
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Thumbs up Grab, Uber fined a combined $13 million by competition watchdog for March merger

An honorable member of the Coffee Shop Has Just Posted the Following:





SINGAPORE - Singapore's competition watchdog on Monday (Sept 24) fined ride-hailing firms Grab and Uber a combined $13 million for their merger in March, which saw the sale of Uber's South-east Asian business to Grab for a 27.5 per cent stake in Grab.

Grab was fined about $6.4 million while Uber was...

Grab, Uber fined a combined $13 million by competition watchdog for March merger


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