Uber, Grab merger happened without anti-trust approval, faces penalty
Cab-hailing service Uber Technologies and its Singaporean counterpart Grab may face hefty fines or even a breakdown of their merger, as the deal was allegedly made without obtaining approval from anti-trust authorities. The Asian country’s regulatory watchdog, Competition and Consumer Commission of Singapore (CCCS), today claimed that neither of the companies notified them on the … Continue reading Uber, Grab merger happened without anti-trust approval, faces penalty
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