Many of us are probably aware of Uber/Grab’s merger; some of us may also be aware of Competition Commission Singapore’s (CCS) decision to commence investigation into the merger on grounds of a “substantial lessening of competition”. It is good that CCS is attempting to preserve a competitive landscape for us consumers, however this whole episode raises one question.

Before Uber and Grab arrival into Singapore

Prior to the arrival of Uber and Grab, Singapore already had a taxi industry that competed intensively among themselves. Under the Public Transport Council (PTC) and LTA’s mandate, taxi companies were also forced to adopt a unified taxi fare structure where only some parts of their fare could be varied. All in all, there was a fair and transparent competitive landscape in Singapore, that was until…

Arrival of Uber and Grab in Singapore

The arrival of Uber and Grab was probably the best gift to …