News Formal

Grab Rentals’ acquisition of Trans-cab still under review

  • 📰 SBRMagazine
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Brasil Notícia Notícia

pstrongThe acquisition has not been cleared of competition concerns./strong/p pThe Competition and Consumer Commission of Singapore (CCCS) has completed the Phase 1 review of the proposed acquisition by Grab Holdings Limited (Grab), through its subsidiary Grab Rentals, of 100% of the shares of Trans-cab Holdings.

The Competition and Consumer Commission of Singapore has completed the Phase 1 review of the proposed acquisition by Grab Holdings Limited , through its subsidiary Grab Rentals, of 100% of the shares of Trans-cab Holdings.CCCS conducted the review to ensure non-infringement of section 54 of the Competition Act 2004, which prohibits mergers that have resulted or may be expected to result in a substantial lessening of competition within any market in Singapore.

Grab operates primarily over a mobile application across the digital financial services, delivery, and mobility sectors, which also include ride-hail platform services.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 13. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Potential Grab, Trans-cab merger could block entry and expansion of rival ride-hailing platforms: Competition watchdogSINGAPORE — Tech firm Grab's proposed takeover of Trans-cab could affect how drivers employed by the taxi operator use other ride-hailing platforms, Singapore's competition watchdog said on Monday (Oct 16).
Fonte: TODAYonline - 🏆 1. / 99 Consulte Mais informação »

Potential Grab, Trans-cab merger could block entry and expansion of rival ride-hailing platforms: Competition watchdogThe Competition and Consumer Commission of Singapore has raised concerns over how Trans-cab drivers may use other platforms, should Grab succeed in its proposed takeover of the taxi operator.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »