Singapore's competition watchdog starts review of Grab's Trans-cab acquisition

Singapore's competition watchdog starts review of Grab's Trans-cab acquisition

FILE PHOTO: A man walks past a Grab office in Singapore March 26, 2018. REUTERS/Edgar Su

The Competition and Consumer Commission of Singapore (CCCS) on Wednesday said it has commenced an in-depth review of the proposed acquisition of Trans-cab, Singapore’s third-largest taxi operator, by ride-hailing company Grab Holdings’ unit.

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