Singapore Frees Grab From Antitrust Curbs After Competition Rose

Grab no longer has to comply with orders imposed in September 2018 after it bought out Uber’s Southeast Asian business, the Competition & Consumer Commission says in a statement.

• The watchdog dropped its requirements because a new point-to-point transport regulatory framework was enacted in October to cover ride-hailing platforms
• There’s been an influx of operators like Tada Mobility, Gojek, ComfortDelgro and Ryde through licensing: CCCS
• Agency says it will no longer issue a decision on Grab’s application to impose a “platform fee” for its Singaporean business
• Note: Singapore regulators in 2018 fined Uber and Grab S$13 million for antitrust violations ...