Uber loses appeal against $5m fine imposed by Singapore competition watchdog for Grab deal

Uber loses appeal against $5m fine imposed by Singapore competition watchdog for Grab deal

Photo by Charles Deluvio on Unsplash.

The Competition Appeal Board (CAB) of Singapore has given the bullet to Uber’s appeal against the Competition and Consumer Commission of Singapore’s (CCCS) decision that the ride-sharing platform’s sale of its Southeast Asian business to Grab violated the city state’s competition law.

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