Singapore's competition regulator raises concerns on Grab's plan to buy Trans-cab

Singapore's competition regulator raises concerns on Grab's plan to buy Trans-cab

FILE PHOTO: A Grab taxi drives on a street in Hanoi, Vietnam October 29, 2018. REUTERS/Kham/File Photo

The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore’s third-largest taxi operator, Trans-cab.

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