Grab to appeal Malaysian high court’s dismissal of judicial review bid

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Southeast Asian ride-hailing firm Grab plans to appeal Malaysia’s high court’s dismissal of its application challenging the country’s competition watchdog’s proposed fine of $20.95 million.

In a statement on Wednesday, a Grab spokesperson said the firm, through its legal counsels, will be filing an appeal, as it deems it an issue of significant public importance not only for itself but also for the wider business community.

The Malaysian high court on Tuesday had dismissed Grab’s application for leave to commence judicial review proceedings with regard to the proposed fine by MyCC announced in October last year.

“It relates to critical questions over whether Malaysia Competition Commission’s (MyCC) approach and investigation process in making the Proposed Decision is legal and in accordance with law,” said the statement.

According to local media The Edge, the court considered the move to file the application to be “premature” and therefore, dismissed it.

MyCC in October last year proposed a fine on Grab for violating the competition law by imposing restrictive clauses on its drivers.

The regulator had ruled that the ride-hailing firm had abused its dominant position in the market by preventing its drivers from promoting and supplying advertising services for competitors, following its merger with Uber in March 2018.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.