Grab, Uber have yet to notify PCC about merger

RIDE-HAILING services providers Grab and Uber will need to secure the approval of the Philippine Competition Commission (PCC) for their merger before any integration in operations could happen in the Philippines.

Arsenio Balisacan, chairman of the commission, said in a statement issued late Monday afternoon, March 26, that if the planned merger meets the new threshold for compulsory notification, Uber and Grab are required to notify the commission within 30 days after the signing of a definitive agreement.

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