SINGAPORE: The Competition and Consumer Commission of Singapore said on Wednesday it has not received any notification from ride and delivery companies Grab or GoTo on a proposed merger.
"CCCS is open to engaging with the parties via our merger notification and pre-notification discussion processes," it said in an emailed statement to Reuters.
The commission said it is aware of media reports regarding talk of a possible merger between the two companies.
It said the parties should seek legal advice on whether any proposed merger complies with competition law in Singapore. - Reuters
