The Philippines’ antitrust regulator on Friday, August 10, approved Grab’s takeover of Uber’s Southeast Asian business, but imposed antimonopoly measures against the ride-hailing service provider, reported the Wall Street Journal. The Philippine Competition Commission stated that Grab will be required to bring average rates for ride acceptance and cancellation back to levels comparable to those […]
On Friday, July 27, Grab stated that it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its takeover of Uber’s operations had harmed competition and called the Commission’s suggested measure of removing exclusivity arrangements with drivers as “one-sided,” reported Straight Times. Earlier this year, Uber Technologies sold its Southeast Asian business to bigger regional rival […]
Echoing the sentiment that the merger decreased competition was Ryde which told the Competition and Consumer Commission of Singapore (CCCS) that it disagreed with Grab’s statement to the findings that CCCS’ decision was “overreaching and goes against Singapore’s pro-innovation and pro-business regulations in a free market economy”. “In truth, the merger is detrimental to innovation […]
Brazil’s competition authority has ruled that taxi drivers did not bring sham litigation and coordinate threats against Uber drivers in an attempt to drive them out of the market. In the investigation, taxi drivers were suspected of using abusive means to exclude and bar Uber’s entry into the passenger transport market, including violence and threats […]
Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported on Tuesday, citing three people familiar with the matter. The companies have discussed several potential deal structures and under one of them, Careem’s current leaders would manage the new combined business while retaining one or both of […]
June 2018 CPI Europe Column edited by Anna Tzanaki (Competition Policy International) & Juan Delgado (Global Economics Group) presents: Market definition in a rapidly changing (digital) world: the case of ride-sharing By Kyriakos Fountoukakos, André Pretorius and Lisa Geary (Herbert Smith Freehills)1 Click here for a PDF version of the article Introduction The taxi and private hire vehicle […]
Fair trade regulator CCI has dismissed allegations of anti-competitive practices made against Ola and Uber with respect to common ownership in them, saying there is no “discernible effect” of softening of competition. At present, the watchdog said facts of the case have not led to establishment of a “prima facie” case against the opposite parties […]
Uber is reportedly looking into buying Motivate, the company that makes Ford GoBike’s in the San Francisco Bay Area and Citi Bike over on the East Coast. This comes following reports of Lyft getting close to purchasing Motivate in a US$250 million deal. Just last week, it was reported that JUMP was considering a possible […]
An independent third party has been appointed by ride-hailing companies Grab and Uber to ensure that interim measures imposed by Singapore’s competition watchdog are complied with, while Grab’s merger with Uber’s Southeast Asian operations is being investigated. The appointment of UK accountancy firm Smith & Williamson LLP has been approved, announced the Competition and Consumer […]
Rod Sims, the head of the Australian Competition and Consumer Commission, said Monday, April 23, that he would look at contracts Uber has with restaurants that use its Uber Eats food delivery service. Reuters, citing comments Sims made to ABC radio, reported that the watchdog will look at complaints from several restaurants that use the […]