Competition and Consumer Commission of Singapore (CCCS)

Deals, joint ventures & alliances

Sembcorp-Veolia deal gets go-ahead from competition watchdog

In a media statement today, CCCS concluded that the merged entity would continue to face sufficient competition in the relevant markets from other suppliers in Singapore and overseas.

M&A

Competition watchdog to assess if Sembcorp-Veolia deal could result in 'substantial lessening of competition'

CCCS is investigating if the acquisition would infringe the Competition Act - which prohibits mergers that are expected to result in a substantial lessening of competition within any market in Singapore

Management & Corporate Governance

Uber to appeal competition watchdog decision on Grab deal

SINGAPORE (Oct 22): Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Monday.

In print this week

Singapore's competition watchdog fines Grab and Uber but can fair play resume?

SINGAPORE (Oct 1): Choo was earning up to $5,000 a month when he first started driving for ride-hailing start-up Grab some three years ago. But after a merger between Grab and Uber Technologies in March this year, the 66-year-old, who asked to be identifi

Broker's Calls

The worst looks over for taxis

SINGAPORE (Sept 27): Phillip Capital is keeping an “overweight” recommendation on the land transport sector due to positive industry restructuring following the exit of Uber and the worst being over for the taxi industry.

Management & Corporate Governance

Competition watchdog slaps $13 mil fine on Grab, Uber over merger

SINGAPORE (Sept 24): The Competition and Consumer Commission of Singapore (CCCS) has fined Uber and Grab a total of $13 million after the merger of the ride-hailing firms was judged to have led to a “substantial lessening of competition”.

Startups, Entrepreneurs, Digital economy

Grab defends position in Uber deal to Singapore's anti-monopoly watchdog

SINGAPORE (July 27): Grab said on Friday it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its takeover of Uber’s operations had harmed competition and called the commission’s suggested measure of removing exclusivity arrang

Startups, Entrepreneurs, Digital economy

Grab disagrees with competition watchdog analysis on merger

SINGAPORE (July 6): Grab says that it has considered Singapore’s Competition and Consumer Commission’s (CCCS) decision and disagree with their analysis.

Startups, Entrepreneurs, Digital economy

Singapore says Grab-Uber merger lessened competition, proposes penalties

SINGAPORE (July 5): Singapore's Competition and Consumer Commission (CCCS) said on Thursday the merger of Grab and Uber had substantially lessened competition in the ride-hailing business in the city-state and proposed to impose financial penalties on

M&A

ComfortDelGro and Uber part ways; Lion City acquisition terminated

SINGAPORE (May 25): ComfortDelGro and Uber Technologies have agreed to dissolve the strategic agreement that they entered into last December.
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