Grab 'close to finalizing' commitments with antitrust body | ABS-CBN
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Grab 'close to finalizing' commitments with antitrust body
Grab 'close to finalizing' commitments with antitrust body
ABS-CBN News
Published Aug 01, 2018 12:27 PM PHT
MANILA -- Grab said Wednesday it was "close to finalizing" voluntary commitments aimed at resolving concerns raised by the country's antitrust watchdog.
MANILA -- Grab said Wednesday it was "close to finalizing" voluntary commitments aimed at resolving concerns raised by the country's antitrust watchdog.
Negotiations with the Philippine Competition Commission are ongoing, according to Grab, which acquired Uber's Southeast Asia operations.
Negotiations with the Philippine Competition Commission are ongoing, according to Grab, which acquired Uber's Southeast Asia operations.
Grab said it last met with the PCC on Monday.
Grab said it last met with the PCC on Monday.
"We are set to meet with PCC again within the week, but we will defer to the Commission's good judgment in sharing with media what were discussed in the deliberations," said Grab spokesman Leo Gonzales said.
"We are set to meet with PCC again within the week, but we will defer to the Commission's good judgment in sharing with media what were discussed in the deliberations," said Grab spokesman Leo Gonzales said.
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The PCC suspended its review of of the Grab-Uber deal after Grab last May 30 made voluntary commitments to address anti-competitive concerns.
The PCC suspended its review of of the Grab-Uber deal after Grab last May 30 made voluntary commitments to address anti-competitive concerns.
-- with a report by Vivienne Gulla, ABS-CBN News
-- with a report by Vivienne Gulla, ABS-CBN News
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