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Uber and Grab hit with $9.5M in fines over ‘anti-competitive’ merger

Uber and Grab hit with $9.5M in fines over ‘anti-competitive’ merger

Uber and Grab have been hit with combined fines of $9.5 million after their merger deal was found to have violated Singapore’s anti-competition laws. Grab acquired (and then merged/closed) Uber’s Southeast Asia business in March, but the Competition Commissio…

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