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Jit pai siao liao.....CCS says Uber-Grab deal may have infringed competition
An honorable member of the Coffee Shop Has Just Posted the Following:
Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc's deal to sell its operations in Southeast Asia to rival ride-hailing firm Grab. In a rare move, the Competition Commission of Singapore (CCS) has commenced an investigation into the deal and proposed interim measures that will require Uber and Grab to maintain their pre-transaction independent pricing, the watchdog said in a statement on Friday. The... Jit pai siao liao.....CCS says Uber-Grab deal may have infringed competition Click here to view the whole thread at www.sammyboy.com. |
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