Not so Fast, Uber
(says Singapore Competition Regulator)
Our prior Head of Disputes, Trevor Withane, has co-authored an article in the Australian Journal of Competition and Consumer Law concerning Uber’s sale of its South-east Asian business to Grab Inc.
Uber undertook the transaction without seeking merger clearance. Result? The Competition and Consumer Commission of Singapore found it would be too difficult to unwind, but imposed a financial penalty of more than SGD13m on Uber.
The article was co-authored by Trevor with Alan Ngo and edited by Andrew Christopher (both of Webb Henderson) and highlights some similarities and differences between the Australian and Singaporean merger control regimes.
A link to the final manuscript version of the article is available here.
The article can also be viewed on WestLaw.
This article was first published by Thomson Reuters in the Australian Journal of Competition & Consumer Law and should be cited as Withane, Ngo, Grab/Uber: Singaporean Competition Regulator Intervenes in Unnotified Merger, 2018, 26 AJCCL 309.
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