Grab defends position in Uber deal to Singapore's anti-monopoly watchdog


  • TECH
  • Friday, 27 Jul 2018

A ComfortDelgro taxi passes Uber and Grab offices in Singapore March 26, 2018. REUTERS/Edgar Su/Files

SINGAPORE: Grab said on July 27 it disagreed with the Singaporean anti-monopoly watchdog's assessment that its takeover of Uber's operations had harmed competition and called the commission's suggested measure of removing exclusivity arrangements with drivers as “one-sided”. 

Earlier this year, Uber Technologies Inc sold its Southeast Asian business to bigger regional rival Grab in exchange for a stake in the Singapore-based firm. But the deal has prompted regulatory scrutiny. 

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Grab; Singapore

   

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