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Grab and Trans-cab can have 10 Doing the job times from your receipt of CCCS' provisional selection to make their representations to the commission and "offer you alternatives to handle the Opposition worries raised", mentioned CCCS.
SINGAPORE: An acquisition of taxi operator Trans-taxi by Grab will substantially weaken its rivals, stated Singapore's Opposition watchdog subsequent an in-depth overview in the proposed takeover.
below, CCCS mentioned that seize also recognised that its proposed acquisition could likely assistance the corporate help you save on website driver incentives:
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In its provisional choice, CCCS observed which the proposed acquisition is probably going to bring about a "significant lessening of Competitors" in the market for the supply of trip-hail platform companies to motorists and passengers.
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This is due to the "stickiness" of Trans-taxi motorists to Grab's trip-hail System is anticipated to improve While using the acquisition:
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