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Grab's proposed acquisition of Trans-cab will 'noticeably weaken' rival ride-hail platforms in S'pore: CCCS

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A merger is for that reason prone to impact the flexibility of rival platforms to fulfil vacation requests. with time, this will make them a lot less beautiful to travellers and drivers, CCCS claimed.

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The proposed takeover is predicted to entrench and reinforce get’s previously-dominant placement during the experience-hail System marketplace, which might not benefit drivers and travellers, it additional.

CCCS also famous that Grab's strategy to obtain Trans-taxi arrives at a time when rival experience-hail platforms facial area a scarcity of motorists.

inside of a media release on Thursday (Jul 11), the Levels of competition and shopper Fee of Singapore (CCCS) included that drivers and travellers could face increased selling prices if Levels of competition constraints on Grab from rival platforms are weakened. It could also result in fewer options for experience-hailing System products and services.

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