#CompetitionLaws

Joseph Lim :mastodon:joseph11lim
2024-07-12

Since Grab's merger plan infringes on competition laws, it's illegal and must be stopped.🛑

Competition watchdog says 's plan to acquire Trans-cab will significantly weaken rivals
"CCCS found tt the proposed is likely to result in a "substantial lessening of competition" in the market for the supply of ride-hail to drivers & passengers. This infringes in Singapore, which prohibits anti-competitive "
channelnewsasia.com/singapore/

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