PCC to review Uber-Grab merger

THE Philippine Competition Commission will be looking into the Uber and Grab merger to determine if it will “substantially lessen competition” in the ride-sharing market.

In a statement posted on its website Monday, the PCC said Grab’s acquisition of Uber’s Southeast Asian operations “is likely to have far-reaching impact on the riding public and transport services.”

“As such, the PCC is looking at the deal closely with the end view of potentially reviewing it for competition concerns, as a notified transaction, or by opening a motu proprio case,” the PCC said.

Mga Komento