Philippines: Issued 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 April 9, 2018, with Uber drivers migrating to Grab. However, the PCC intervened to prevent a potential monopoly and protect competition.The PCC imposed interim measures to maintain competition, requiring Uber and Grab to operate independently and retain pre-merger conditions, such as pricing, promotions, and driver incentives. The PCC’s review aims to assess if the merger could harm competition in the ride-hailing market, with raising concerns of market monopolisation.