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Singapore: Grab & Uber appoint UK firm to ensure compliance

By  |  May 7, 2018

An independent third party has been appointed by ride-hailing companies Grab and Uber to ensure that interim measures imposed by Singapore’s competition watchdog are complied with, while Grab’s merger with Uber’s Southeast Asian operations is being investigated.

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    The appointment of UK accountancy firm Smith & Williamson LLP has been approved, announced the Competition and Consumer Commission of Singapore (CCCS) in a media release on Monday, May 7.

    Some of the compliance terms are:

    • Grab is not allowed to take over Uber’s operational data (e.g. historical trip data) from Uber.
    • Uber is required to allow drivers who rent from Lion City Rentals to drive for any ride-hailing platform and shall not be subject to any impediments (e.g. higher rental rates and/or lack of insurance coverage) that limit their ability to drive for any ride-hailing platform.
    • Uber is required to release ComfortDelGro from any restrictions from partnering with a third-party ride-hailing platform.

    Investigations into the merger are still ongoing. The head of Grab Singapore said earlier on Monday that talks with CCCS are “going well”.

    Full Content: Straits Times

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