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Philippines sets rules for 'virtual monopolist' Grab after Uber deal - Reuters

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Reuters

Philippines sets rules for 'virtual monopolist' Grab after Uber deal
Reuters
MANILA (Reuters) - The Philippine competition watchdog said on Friday it has approved ride hail firm Grab's acquisition of Uber's [UBER.UL] operations, providing it follows rules to ensure fairness to consumers given its stranglehold of the local market.
Philippines Greenlights Grab-Uber Deal, With Strings AttachedWall Street Journal
Uber pullout eases strain on Southeast Asia's top taxi operatorNikkei Asian Review
Competition watchdog clears Grab-Uber deal but...Philippine Star
Inquirer.net -CNN Philippines
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