CCCS concluded that the aggressive constraints exerted by rival ride-hail platforms on Grab will probably be weakened, rendering it much more very likely for Grab to "entrench and reinforce [its] presently dominant situation".
SINGAPORE: An acquisition of taxi operator Trans-cab by seize will substantially weaken its rivals, explained Singapore's Opposition watchdog following an in-depth overview of the proposed takeover.
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simultaneously, the acquisition will likely "have an impact on the flexibility of rival experience-hail platforms to expand the size of experience-hail platform providers presented", extra CCCS.
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"The proposed acquisition is As a result predicted to lead to a greater degree of 'stickiness' of Trans-taxi drivers to seize’s trip-hail platform and a possible reduction in use of rival experience-hail book maxi cab Singapore platforms," reported CCCS.
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Grab may well Consequently "entrench and fortify" its by now dominant placement from the ride-hail System sector, stated CCCS.
have been Grab's proposed acquisition to slide by means of, the rival journey-hail platforms might be "considerably" weakened for the reason that their entry to Trans-cab motorists, an important source of motorists who're "not owned by or in almost any partnership with any journey-hail platform in Singapore," would be limited.
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