Transport Ministsry received many complaints on increased Grab fares

The government is studying the risk of monopoly in the local e-hailing service market following Grab’s merger with Uber’s Southeast Asia division, Transport Minister Anthony Loke said.

Loke said the study is being carried out through the Malaysia Competition Commission (MyCC).

“After the merger between Grab and Uber in March 2018, the Land Public Transport Commission (SPAD) received many complaints regarding Grab increasing their fares,” he said. “Therefore, the government is studying the risk of having a monopoly e-hailing service.”

http://www.theedgemarkets.com/article/putrajaya-studying-monopoly-risk-ehailing-service-market-following-grabuber-merger