Uber’s Legal Showdown Over Singapore Merge
In a drama that rivals any daytime soap, Uber Technologies Inc. is now fighting back against the decision made by Singapore’s competition regulator. The company says its merger with local rival Grab didn’t break the law—just the figureheads’ expectations.
What Went Down
- Grab and Uber were fined by Singapore after the regulator found their teaming up pushed prices up.
- Grab paid S$6.42 million (about US$4.7 million), while Uber was hit with S$6.58 million.
- Singapore also slapped a ban on some of their joint operations to clear the way for other competitors.
Uber’s Stand‑Against
“We’re standing out on our own,” Uber told reporters, breaking the usual “team‑up” rule. Grab, however, declined to comment and confirmed it would not appeal the ruling.
According to Uber, the CCCS’s claim that the merger “substantially lessened competition” and that Uber “intentionally breached the law” is simply untrue.
Our Appeal Pie‑Chart
- Ask for the fine to be tossed: Uber wants the CCCS to pull its fine.
- Push back on market definition: Uber argues the regulator used too tight a lens.
- Bring in Go‑Jek: With Indonesia’s ride‑hailing giant soon to land in Singapore’s marketplace, Uber insists competition is still fierce.
- No law‑break flag: Uber counters that the deal satisfies all legal criteria.
Behind the Numbers
In March, Uber sold its Southeast Asian arm to Grab in return for a 27.5% stake in the Singapore‑based firm. The exchange was smooth on paper, but it flashed a litany of red‑flag lights for regulators. Even the Philippines’ watchdog has slapped both companies with penalties for rushing the merger and hurting service quality.
With every turn of the legal wheel, Uber’s narrative leans towards the “actually, not my fault” angle—while Grab takes a silent, “we’re good” stance. Only time will tell who ends up with the bragging rights.
