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GrabPhilippines fined Grab over $39 million total for anti-competitive Uber merger and repeated violations of pricing commitments

· $39.0M

The Philippine Competition Commission imposed multiple fines on Grab Philippines over the Uber merger: P16 million ($296,741) in October 2018 for failing to maintain operations during review; P11.3 million in Q1 2019, P7.1 million in Q2, and P5.05 million in Q3 for violating pricing commitments; and P16.15 million in December 2019 for continuing violations of price and service quality commitments. Total fines exceeded $39 million. Grab repeatedly violated commitments made to secure merger approval, demonstrating pattern of disregarding regulatory conditions once market dominance was achieved.