get's proposed acquisition of Trans-cab will 'substantially weaken' rival experience-hail platforms in S'pore: CCCS
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The watchdog reported that businesses are certainly not prohibited from getting a dominant placement or trying to guard their market position by means of "aggressive benefit", including by introducing revolutionary products.
"facts analysed by CCCS signifies that drivers who hire from journey-hail System-owned fleets often use extra of that trip-hail System when compared with motorists who don't hire from this kind of fleets.
"This ruling won't change our resolve to carry out anything that we will to supply cost-effective, responsible transport choices to travellers in Singapore. shoppers will nonetheless be able to obtain both private hire and taxis from many taxi companies via the get app," mentioned Mr Yee.
"The proposed acquisition is Therefore anticipated to end in a greater degree of 'stickiness' of Trans-taxi drivers to Grab’s trip-hail System and a potential reduction in use of rival experience-hail platforms," mentioned CCCS.
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What's more, it identified there are numerous strategies Which may be employed by Grab to induce Trans-taxi motorists to enhance their usage of get’s experience-hail System.
It included that knowledge reveals motorists who rent from ride-hail System-owned fleets are not as likely to employ a System that differs from your 1 they have rented their motor vehicle from.