Used Grab and Uber helmets are seen at used-helmet shop in Jakarta, Indonesia, April 2, 2018. REUTERS/Beawiharta/File
SINGAPORE: Regulatory scrutiny could complicate ride-hailing company Grab's takeover of Uber Technologies' South-East Asian business, but there is little the authorities can do to stop Uber from simply exiting the region, lawyers and analysts said.
Days after the deal was announced last week, antitrust agencies in Singapore and Philippines began to review it, with Malaysia saying it would follow suit.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
