The third-party feedback received by the CCCS, in particular, suggests “concerns” about the effect of Grab’s ownership of the Trans-cab fleet on Trans-cab drivers’ usage of rival ride-hail platforms. This may “raise barriers to expansion and entry for Grab’s rival ride-hail platforms, given the importance of scale in the ride-hail platform industry,” noted the CCCS in its Oct 16 statement.
The Competition and Consumer Commission of Singapore (CCCS) has raised “competition concerns” over Grab’s proposed acquisition of Trans-cab.
The findings come after the CCCS completed its Phase 1 review, which refers to a quick review and allows merger situations that do not raise competition concerns to proceed. The review also includes third-party feedback from industry players and members of the public.
