Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality

October 17, 2018 5:35 PM

MANILA (REUTERS) – The Philippines’ competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday (Oct 17), saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalise them.

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