Vietnam yet to impose preventive measures on Grab takeover of UberThe competition authority in Vietnam have yet to make the next moves over a transaction in which Grab acquired Uber Technologies Inc’s Southeast Asian business after asking Grab to report details of the deal. According to the Law on Competition, Grab and Uber are given time to prove that they do not violate the law. Meanwhile, Singapore’s and Malaysia’s competition agencies have adopted interim measures to prevent Grab and Uber from infringing competition regulations. Particularly, the Competition Commission of Singapore (CCS) last weekend announced its interim measures directions (IMD) on the merger of ride-hailing firms Grab and Uber. The two firms must not exchange their information on pricing, pricing policies, price formulas, customers and drivers.

Source: VietNamNet News April 04, 2018 09:33 UTC