Philippines, Malaysia put Uber-Grab deal under anti-competition scrutiny
Malaysia puts Grab on anti-competition watchlist after Uber stake buy
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April 2, 2018This post was originally published on this site
MANILA/KUALA LUMPUR (Reuters) – Philippines and Malaysia said on Monday they will look into whether Uber Technologies’ [UBER.UL] move to sell its Southeast Asian business to ride-hailing rival Grab hinders competition, days after Singapore began a probe into the deal on similar concerns.