Antitrust authority, The Philippine Competition Commission (PCC) has expressed their concerns regarding the Grab-Uber merger in a press release. They have also said that they recognize that the removal of Uber from the equation will result in Grab achieving virtual monopoly until new ride-sharing players enter the market. Read more in our articles including "Grab-Uber merger may result in 'virtual monopoly', says PCC" and "Francisco Motors enters EV Market with Elektron SUV".
Antitrust authority, The Philippine Competition Commission (PCC) has expressed their concerns regarding the Grab-Uber merger in a press release. They have also said that they recognize that the removal of Uber from the equation will result in Grab achieving virtual monopoly until new ride-sharing players enter the market.
Our coverage of grab uber deal includes: "Grab-Uber merger may result in 'virtual monopoly', says PCC"; "Francisco Motors enters EV Market with Elektron SUV"; "Mastercard contactless payments now accepted on LRT-2". Each article provides unique insights and information.
Our article "Grab-Uber merger may result in 'virtual monopoly', says PCC" published on April 3, 2018 covers the latest information about grab uber deal. Check it out for the most current details.