Can the MyCC block Grab’s takeover of Uber?

Grab’s announced takeover of Uber’s South East Asia operations has resulted in many concerns being raised through the region as to how such a merger would affect them. The immediate concern of course is in relation to the price hikes which Grab would be in a position to implement as the sole major player in the e-hailing market. Another possible abuse is the welfare of drivers.

The question which arises is whether the Malaysia Competition Commission (“MyCC”) is capable of doing anything about it.

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