Anti-competition body to work with SPAD after Uber-Grab merger

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) and Land Public Transport Commission (SPAD) will ensure that competition in e-hailing services will not be disrupted by the recent merger between Uber and Grab.

In a statement today, MCC said there were currently many other enterprises which offered e-hailing services.

“The commission strongly believes in promoting and protecting the process of competition, and it will not hesitate to intervene if any anti-competitive practices disrupt the competition in the e-hailing market,” it said.

MyCC also urged the public to lodge complaints at [email protected] if they find any e-hailing companies engaged in anti-competitive conduct.

On Monday, Uber Technologies Inc agreed to sell its Southeast Asian operations to Grab. Under the agreement, Grab will acquire all of Uber’s operations in a region of 620 million people, including food delivery service UberEats.

Yesterday, Minister in the Prime Minister’s Department Nancy Shukri said Grab had given its assurance that the merger exercise would not affect fares.

She said Putrajaya would take action against the ride-hailing service provider if it increased its fares.

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