Acquisition of Uber’s Southeast Asian business by Grab and Uber’s acquisition of a 27.5 per cent stake in Grab

30 March 2018

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Competition Law Case	Acquisition of Uber’s Southeast Asian business by Grab and Uber’s acquisition of a 27.5 per cent stake in Grab
Parties Involved	Grab Inc Uber Technologies Inc
Focus of Commitments/ Remedies	The directions are to lessen the impact of the merger on drivers and riders, and to open up the ride hailing platform services market and level the playing field for new players.
Start Date of Commitments/ Remedies	24 September 2018
End Date of Commitments/ Remedies	20 November 2020: Following the commencement of the point-to-point regulatory framework on 30 October 2020, CCCS has released the directions that were imposed on Grab on 24 September 2018 with immediate effect from 20 November 2020.