Singapore competition watchdog fines Grab, Uber $9.5 mln over merger

By Aradhana Aravindan SINGAPORE, Sept 24 : Singapore’s anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer. U.S.-based Uber Technologies Inc sold its Southeast Asian business to […]