Competition panel needs more time to review Uber-Comfort deal

Singapore

THE Competition Commission of Singapore said on Monday that it has completed an initial review of the proposed alliance between ComfortDelGro Corp and Uber Technologies, but needs up to 120 more days for a more detailed analysis.

Some of the issues the Commission will study further include whether the entry barriers to the food-delivery services business will be raised, whether the availability of taxis for street-hail and phone booking will be affected, and whether the proposed tie-up will result in shorter waiting times for commuters and more job opportunities for drivers.