Appellate court dismisses proposed RM86.77mil fine against Grab, subsidiaries


PUTRAJAYA: The Court of Appeal has dismissed the Malaysian Competition Commission’s appeal to reinstate its RM86.77mil proposed fine against Grab Inc. and its two subsidiaries over the ride-hailing firm's anti-competitive practice.

A three-judge panel, comprising Justices Datuk S. Nantha Balan, Datuk Lim Chong Fong and Datuk Ahmad Kamal Md Shahid, delivered the unanimous decision on Wednesday (March 19).

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