RM86 million fine proposed against Grab for breaking anti-monopoly law | The Malaysian Insight

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RM86 million fine proposed against Grab for breaking anti-monopoly law

E-hailing company Grab is faced with a stiff penalty after the Malaysia Competition Commission proposed to fine the company RM86 million. – EPA file pic, October 3, 2019.

THE Malaysia Competition Commission has proposed a RM86 million fine against e-hailing provider Grab for breaching anti-monopoly laws.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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Malaysia’s competition watchdog wants to fine Grab RM86.7mil, but will listen to its defencePETALING JAYA: The Malaysia Competition Commission (MyCC) has proposed a fine of RM86.7mil against Grab Inc, Grab Car Sdn Bhd and MyTeksi Sdn Bhd (Grab) for collectively breaching the Competition Act 2010. Arr... now I realise why MyCC has been so slow to respond to the Grab-Uber merger. Each day MyCC delays will earn the nation lots of money. Lesson : It pays to be slow. Remember the turtle v rabbit race.
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MyCC cadang Grab didenda RM86 juta | The Malaysian InsightSyarikat itu juga didenda sebanyak RM15,000 sehari bermula hari ini.
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