(Reuters) -The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore's third-largest taxi operator, Trans-cab.
The commission said in a statement that it was unable to conclude at the end of its first phase of review of the proposed acquisition that the deal did not give rise to any competition concerns.
Grab and Trans-cab may offer commitments to address any competition concerns raised, it said, adding that otherwise it would proceed to a more in-depth, second phase of review after receiving relevant documents from the companies. The Grab spokesperson said both Grab and Trans-cab were committed to ensuring the benefits of an acquisition to commuters and they would help raise the overall standards of the industry.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Lubnan dakwa Israel dalang kematian wartawan ReutersLubnan kelmarin mendakwa Israel menjadi dalang kepada kematian seorang wartawan Reuters dan menyebabkan enam lagi cedera.
Leggi di più »
13 people under investigation for SIM card fraud after raid on mobile phone shops in SingaporeBeijing also says it wants to ‘play a constructive role in promoting a comprehensive, just and lasting solution to the question of Palestine’Zhai Jun, China’s special envoy for Middle East affairs, speaks by phone with Amal Jadou, first deputy minister of Palestinian foreign...
Leggi di più »
Two men charged for false bomb threat for different incidents in SingaporeBeijing also says it wants to ‘play a constructive role in promoting a comprehensive, just and lasting solution to the question of Palestine’Zhai Jun, China’s special envoy for Middle East affairs, speaks by phone with Amal Jadou, first deputy minister of Palestinian foreign...
Leggi di più »
Death of Singapore Sports School student: Coach who failed to check 14-year-old boy’s well-being sackedSINGAPORE, Oct 14 — An investigation into the death of Pranav Madhaik, a Secondary 2 student-athlete at the Singapore Sports School, has revealed there was a safety lapse as his...
Leggi di più »
Lebanon accuses Israel of strike that killed, wounded journalistsBEIRUT: Lebanon said on Saturday that Israel was behind the cross-border fire that killed a Reuters journalist and wounded six others near the border....
Leggi di più »
Singapore: Man charged after telling cruise operator its ship would explode if it did not return his moneyPETALING JAYA: A long-anticipated holiday ended in heartbreak for Hazwani Amira, who was denied entry into South Korea.
Leggi di più »