Philippines: Approved acquisition of Uber B. V. and Uber Systems, Inc. by Grab Holdings, Inc. and MyTaxi. PH
Description
Approved 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 …
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
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2018-04-03
under deliberation
2018-04-06
under investigation
2018-08-10
in force
2018-10-11
in force
2019-11-18
in force
2023-02-02
in force