The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab is in violation of competition laws and is considering slapping them with a $20.5 million fine, Reuters reported on Wednesday (Oct. 2). “MyCC further notes that [Grab’s] restrictive clauses had the effect of distorting competition in...
October 03, 2019
The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab is in violation of competition laws and is considering slapping them with a $20.5 million fine, Reuters reported on Wednesday (Oct. 2). “MyCC further notes that [Grab’s] restrictive clauses had the effect of distorting competition in the relevant market that is premised on multi-sided platforms by […]
