Uber Grab

That they believe may be of interest to you. Comme pour le serment, nos partenaires peuvent aussi vous montrer des publicités qu'ils croient susceptibles de vous intéresser. Learn more about how Math collects and uses information and use information and how our partners collect and use information. Select "OK" to allow and our partners to use your information, or "Manage Options" to view our partners and your choices.

Tip : Connectez-vous pour enregistrer votre sélection afin de ne pas avoir à le faire sur tous les appareils individuellement. You can update your settings at any time in the Privacy Center.

Uber-grave fusion may have to be dissolved, says Singapore.

Merging Uber's activities in Southeast Asia with those of its competitor Grab could have violated antitrust laws and be undone, said a Singapore regulators on Thursday. The takeover of the Uber activities in Singapore by Grab in March had "led to a significant restriction of competition" in the city-state, said the Singapore Fair Trade and Consumer Commission in a preliminary ruling.

After the merger, the firm has already raised rates since the transaction was concluded, the European Union said. Enterprises have two week to react to the ruling that Uber's bid to pull out of Southeast Asia to concentrate on other regions could strike a big chop. Tomb said that it disagreed with the Commission's finding, which it reasoned that they defined too narrow competition.

regulators "have not taken into consideration the dynamism and intensive competitive environment of recent monthly trends, both from new and established cab drivers and passengers," the firm said in a declaration. However, it was argued that if Uber and Grab did not remove the competitive concern, they might have to'dissolve' the concentration.

"Grab said that this preliminary ruling and the corrective measures put forward are exaggerated and in violation of Singapore's rules on innovative and business-friendly products, and added that she would "take all appropriate measures to challenge this ruling". A Uber speaker pointed to a question for a statement to Grab. As part of the transaction, Uber obtained a 27.5% share in Grab - valued at several billion U.S. dollars each - in return for the activities of the U.S. corporation in eight South-East Asian nations.

This transaction has also been reviewed by the regulatory authorities in the Philippines and Malaysia.