Philippines: PCP investigation into the proposed acquisition of the assets Uber B.V. and Uber Systems, Inc. by Grab Holdings, Inc. and MyTaxi.PH
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Timeline of events
Issued ruling in PCC investigation into Grab for alleged delayed customer refunds pertaining to price monitoring commitments
On 15 May 2023, the Philippine Competition Commission (PCC) imposed a fine of PHP 9 million (ca. USD 462'892) on Grab Philippines for not fully refunding customers more than three years after the initial reimbursement order linked to its price monit…
SourceIssued ruling in PCC investigation into Grab for alleged non-compliance with price monitoring commitments
On 2 February 2023, the Philippine Competition Commission (PCC) fined Grab Holdings PHP 9 million (ca. USD 157'201) for failing to comply with three refund orders totalling PHP 25.45 million (ca. USD 444'355), linked to its price monitoring commitme…
SourceApproved voluntary commitments for PCP clearance for Uber acquisition by Grab
On 18 November 2019, the Philippine Competition Commission (PCC) approved a set of commitments (Extended Undertaking) to be undertaken by Grab following its acquisition of Uber in the Philippines. The commitments include non-exclusivity, service qua…
SourceIssued fine to Grab and Uber for violation of Interim Measures Order
On 11 October 2018, the Philippine Competition Commission (PCC) issued a fine of PHP 16 million (ca. USD 275’000) to Grab Philippines and Uber for violating the Interim Measures Order (IMO) during the merger review period. The IMO aims to maintain p…
SourceApproved acquisition of Uber B. V. and Uber Systems, Inc. by Grab Holdings, Inc. and MyTaxi. PH
On 10 August 2018, the Philippine Competition Commission (PCC) approved Grab’s acquisition of Uber in the Philippines with strict conditions to protect competition and consumer welfare. Grab is prohibited from enforcing exclusivity, meaning drivers …
SourceIssued interim ruling in PCP investigation into the proposed acquisition of Uber B. V. and Uber Systems, Inc. by Grab Holdings, Inc. and MyTaxi. PH
On 6 April 2018, the Philippine Competition Commission (PCC) ordered Uber to continue operating its app in the Philippines during its review of Grab's acquisition of Uber's Southeast Asia assets. Grab and Uber had planned to shut down Uber's app by …
SourceAnnounced PCP investigation into the proposed acquisition of Uber B. V. and Uber Systems, Inc. by Grab Holdings, Inc. and MyTaxi. PH
On 3 April 2018, the Philippine Competition Commission (PCC) directed the Mergers and Acquisitions Office to initiated a mot proprio review of the acquisition by Grab Holdings, Inc. and My Taxi. PH, Inc. of assets from Uber B.V. and Uber Systems, In…
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