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Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality

  • 📰 The Straits Times
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MANILA (REUTERS) - The Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday (Oct 17), saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalise them.. Read more at straitstimes.com.

 

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Philippine watchdog fines Grab, Uber for rushed merger, drop in service qualityThe Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalize them. Uber [UBER.UL] sold its money-losing Southeast Orbi goot .....Next Indonesia shud fine Grab as well ....follow by vietnam .
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