Regulators in Singapore, Malaysia investigate Grab-Uber merger deal in Southeast Asia

Singapore’s competition watchdog asks Grab and Uber to maintain status quo on operations while they investigate the planned merger

The planned merger of Uber’s Southeast Asia business with rival Grab appears to have hit a regulatory roadblock with competition authorities in Singapore and Malaysia now looking into the deal for any infringement of the Competition Act, The Straits Times reported on 31 March. Last week, the Competition Commission of Singapore (CSS), began an investigation into the unnotified transaction between Uber and Grab and said in a statement that it has “reasonable grounds” to suspect that the transaction infringes its Competition Act.