Philippines: Grab, Uber fined P16M for status quo violations

The country’s antitrust watchdog has imposed a P16-million fine against ride-hailing firm Grab Philippines and erstwhile rival Uber for failing to observe the status quo while their merger was being reviewed. The Philippine Competition Commission (PCC), in a statement, said the two firms had violated “key provisions” of its Interim Measures Order (IMO), issued in […]

Read More