Malaysia’s Competition Commission (MyCC) said it will announce its decision on Thursday after investigating whether ride-hailing firm Grab is anti-competitive.
The regulator said last year it would monitor Grab for possible anti-competitive behavior after its acquisition of close rival Uber Technologies Inc’s Southeast Asian business in March last year.
Bloomberg reported last week that the competition watchdog’s chief executive officer Iskandar Ismail said the commission was stepping up that investigation following multiple complaints about monopolistic practices since last year.
Full Content: Reuters
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