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Uber-Grab deal: Singapore watchdog sets interim measures for merged entity

Both companies have been asked to ensure that drivers who rent a vehicle from Uber's car leasing company are free to drive for any ride-hailing platform

Reuters  |  Singapore 

Singapore's competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into their merger in the city-state. The Competition and Consumer Commission of Singapore (CCCS) said the measures include preventing Grab from taking over operational data from Uber to enhance its market position, adding that Uber would continue to operate in Singapore until May 7 to smoothen the transition. Uber sold its Southeast Asian business to bigger local rival Grab, marking the US ...

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First Published: Fri, April 13 2018. 15:52 IST