Business

Singapore fines Uber, new partner, Grab $9.5 million

Singapore‚Äôs anti-trust watchdog fined ride-hailing firms Grab and Uber, a combined 9.5 million dollars over their merger-deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer. The deal invited regulatory scrutiny in the region, with the Competition and Consumer Commission of Singapore (CCCS) in a […]