Competition commission seeks feedback on Grab's proposed Trans-cab acquisition

The public may submit their feedback until 25 August at 5 pm.

The Competition and Consumer Commission of Singapore (CCCS) is calling for public feedback on the proposed acquisition by Grab Holdings of 100% shares of Trans-cab Holdings through its subsidiary GrabRentals.

As both are involved in ride-hailing services, CCCS would like to know the impact of the proposed acquisition on the price, quality and quantity of the rentals of taxis to the drivers for street-hail or ride-hail services.

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The commission also added that it wants to know the impact of the proposal for the rental of private-hire cars to drivers for the provision of ride-hailing services.

It also wants feedback on the effect of the proposal on the provision of street-hail services by taxi drivers, ride-hail services by taxi and private-hire car drivers, and ride-hail platform services to drivers and passengers.

The parties submitted their application for the proposed acquisition to the CCCS on 7 August. They claimed that this will not result in the “substantial lessening” of the competition in relevant markets.