Grab facing RM87mil fine

No free ride: MyCC is also proposing for the Competition Act to be amended to include merger powers.

KUALA LUMPUR: E-hailing company Grab has been slapped with a proposed fine of RM86.7mil for violating Malaysia’s competition laws.

The Malaysia Competition Commission (MyCC) said it issued the proposed fine against Grab Inc, GrabCar Sdn Bhd and MyTeksi Sdn Bhd (Grab) for collectively breaching Section 10 of the Competition Act 2010.