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September 24, 2018 06:13 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8hlFN63kD38/
Uber and Grab hit with $9.5M in fines over anti-competitive merger
Uber and Grab have been hit with combined fines of $9.5 million after their merger deal was found to have violated Singapore’s anti-competition laws. Grab acquired (and then merged/closed) Uber’s Southeast Asia business in March, but the Competition Commission of Singapore today declared the deal is “anti-competitive” following a months-long investigation into its impact on […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8hlFN63kD38/
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