Vietnamese authorities plan to conduct further investigations into the merger of Grab and Uber last year over possible antitrust regulations violations, announced the Ministry of Industry and Trade on Wednesday, February 13.
The Competition Council announced that after examining documents and working sessions with relevant parties, it had discovered a number of new details related to possible violations of competition law in Grab’s acquisition of fellow ride-hailing platform Uber last March.
These discoveries prompted the council to return the case dossiers to the Ministry’s Competition and Consumer Protection Department for further investigation. The investigation is expected to run until April of this year.
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