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Meanwhile seize reported it planned to launch an Increased application that may be built-in Using the cell display models in Trans-cab taxis, enabling drivers to manage their earnings and receive bookings through the seize platform as very well as Trans-taxi’s current simply call centre, all via a one platform.
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In the event that CCCS finds that a merger condition has resulted in the substantial lessening of Opposition, it could have to have the merger to become unwound or modified.
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CCCS encourages enterprises with acquisition ideas to have interaction CCCS at an early phase of the procedure should they evaluate that their ideas are likely to increase competition worries."
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It is because the proposed acquisition will "noticeably weaken" rival journey-hail platforms in Singapore, therefore which makes it extra possible for Grab to "entrench and bolster [its] previously dominant position".
“CCCS encourages enterprises with acquisition plans to engage CCCS at an early stage of the procedure should they evaluate that their plans are prone to raise competition concerns,” it stated.
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