Grab, Uber told to explain why they violated PCC's review terms

Galtero Lara
Abril 16, 2018

Users were advised to download the Grab app and register with Grab in order to book rides. "However, this move shall not derail the motu proprio review of the Grab-Uber transaction", he said.

As part of the interim measures preferred by the competition commission, Uber was ordered to continue its independent operations beyond April 8, the date when it is expected to completely exit the Philippine market.

In a statement, the antitrust commission raised concern about the Grab-Uber merger, saying it "will mean gobbling up 93% of the ride-hailing market".

"When a big player buys out its competitor, there will be many economic and legal factors that need to be scrutinized", Balisacan said.

The PCC now plans to fast-track the completion of its review, "given how it is imbued with public interest".

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"The Grab and Uber apps continue to operate as normal until April 15, after which the Uber service will cease in the Philippines", Grab said on its website.

The Vietnamese Ministry of Industry and Trade chose to conduct a preliminary investigation into GrabTaxi's purchase of Uber's stakes in Vietnam in suspicion of breaching regulations of the country's Law on Competition 2004, Vietnam News Agency reported on Monday.

Grab, which is headquartered in Singapore, last month agreed to buy Uber's food- and ride-hailing operations in the region, ending a battle between the companies and marking the United States firm's latest retreat from global markets. The accreditation of new TNCs (transport network companies) is a welcome development to allow passengers to have more choices.

Under the rules issued in Singapore, which take effect immediately, Grab and Uber will not be allowed to integrate operations in the city-state until the probe is concluded. "We note, however, that the incoming TNCs are left with only 7% share in the market", the commission stated.

In return for selling its Southeast Asian ride-hailing and food operations, California-headquartered Uber is set to receive a 27.5 percent stake in Grab.

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