The Competition and Consumer Commission of Singapore is still reviewing the Grab and Uber deal.
Singaporeans can still use the Uber app from 8 April to 15 April 2018 after the Competition and Consumer Commission of Singapore (CCCS) said it will still deliberate the merger transaction between Grab and Uber.
According to an announcement, CCCS received written representations from the two companies after it proposed interim measures directions (IMD). “The proposed IMD sought to preserve and/or restore competition and market conditions in relation to chauffeured personal point-to-point transport passenger and booking services in Singapore, whilst CCCS carries out its investigation into the transaction.”
CCCS said Grab and Uber have proposed a set of alternative interim measures in their written representations to address CCCS’s concerns in the proposed IMD. “Following clarification by CCCS, Grab made further submissions to CCCS on 6 April 2018,” the commission added.
CCCS is currently reviewing the parties’ submissions in relation to the IMD, including the proposed alternative interim measures.
In a statement, Grab said its app operates as per normal. "The extension also gives Uber drivers more time to sign up on alternative platforms. Grab has helped thousands of former Uber drivers sign up to the Grab platform and will continue to provide support to those who are interested, as well as to obtain their PDVL," it added.
"We hope the CCCS will complete its review in an expeditious manner, so that we can continue competing with incumbent transport companies and with new entrants," Grab added, "We will continue working with the CCCS and other relevant agencies to ensure a pro-business and pro-innovation environment so that Singapore consumers can benefit from new and improved services."
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