The Business Times
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LETTER TO THE EDITOR

Grab’s proposed acquisition should not be allowed to proceed

Published Tue, Jul 16, 2024 · 05:00 AM
    • Too much competitive power has already been concentrated on Grab with its commanding market share.
    • Too much competitive power has already been concentrated on Grab with its commanding market share. PHOTO: BT FILE

    I REFER to the article “Grab’s acquisition of Trans-cab would significantly reduce competition, says competition watchdog” (BT, Jul 11).

    It has been clear all along to many that the the proposed acquisition should not be allowed to proceed. Too much competitive power has already been concentrated on Grab with its commanding market share.

    For one thing, Grab’s surge pricing policy needs to be reviewed and regulated.

    Grabtrans-cabLetter to the Editor

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