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Philippines: Approved voluntary commitments for PCP clearance for Uber acquisition by Grab

Policy overview

Description

Approved 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…

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

On 3 April 2018, the Philippine Competition Commission (PCC) directed the Mergers and Acquisitions …

2018-04-06
under investigation

On 6 April 2018, the Philippine Competition Commission (PCC) ordered Uber to continue operating its…

2018-08-10
in force

On 10 August 2018, the Philippine Competition Commission (PCC) approved Grab’s acquisition of Uber …

2018-10-11
in force

On 11 October 2018, the Philippine Competition Commission (PCC) issued a fine of PHP 16 million (ca…

2019-11-18
in force

On 18 November 2019, the Philippine Competition Commission (PCC) approved a set of commitments (Ext…

2023-02-02
in force

On 2 February 2023, the Philippine Competition Commission (PCC) fined Grab Holdings PHP 9 million (…

2023-05-15
under investigation

On 15 May 2023, the Philippine Competition Commission (PCC) imposed a fine of PHP 9 million (ca. US…