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Grab and Trans-taxi will likely have 10 Functioning days with the receipt of CCCS' provisional final decision to help make their representations to the commission and "provide methods to address the Competitors issues elevated", stated CCCS.
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CCCS mentioned that seize's acquisition of Trans-cab with the target to "maximize The supply of drivers on its experience-hail System" is proposed at a time when its rival trip-hail platforms are experiencing "driver source shortages".
The two businesses Beforehand said that a hundred for every cent with the shares in Trans-taxi will probably be acquired by means of seize's personal-hire motor vehicle rental arm get Rentals.
"We're going to continue on to operate our business as common," Trans-cab informed CNA on Friday morning when questioned about its response towards book maxi cab Singapore the CCCS assertion. the corporation declined to comment on regardless of whether it would be creating its representations around the worries elevated.
Grab may perhaps Hence "entrench and improve" its presently dominant situation within the experience-hail System sector, claimed CCCS.
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have been seize's proposed acquisition to tumble by way of, the rival journey-hail platforms could well be "considerably" weakened because their usage of Trans-taxi motorists, an important supply of drivers that are "not owned by or in any partnership with any ride-hail platform in Singapore," can be limited.
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get's proposed acquisition of Trans-cab will 'considerably weaken' rival journey-hail platforms in S'pore: CCCS
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