Singapore competition watchdog fines Grab, Uber $9.5 million over merger

in #crypto6 years ago

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

https://s1.reutersmedia.net/resources/r/?m=02&d=20180924&t=2&i=1307551107&w=1200&r=LYNXNPEE8N062

Click here to read source article from Reuters

Summary

apore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer.US

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