Singapore Watchdog Fines Uber Grab 9 5 Million Ov Singapore regulators fined uber technologies inc. and grab s$13 million ($9.5 million) for antitrust violations after the asian ride hailing giant acquired its u.s. rival’s regional operations. Singapore'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.
Singapore Fines Grab Uber 9 5m Over Anti Competitive Mergerођ The competition and consumer commission of singapore fined ride hailing firms grab and uber a combined s$13 million ($9.5 million) over their merger deal on monday. Singapore’s antitrust watchdog on monday said it would fine ride hailing firms grab and uber a combined s$13 million (us$9.5 million) for anti competitive behaviour as a result of their march. Singapore fines grab uber $9.5m over 'anti competitive' merger uber had been ordered to pay s$6.58 million (us$4.83 million), while grab would have to fork out s$6.42 million (us$4.71 million. The competition and consumer commission of singapore (cccs) has fined the ride hailers a combined s$13 million ($9.5 million) over the uber grab merger deemed to have hurt competition in the.
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