KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has proposed to slap a RM86.8 million fine on GrabCar Sdn Bhd for breaching anti-monopoly laws following the e-hailing company’s merger with Uber.
“On top of that, we are also proposing a daily fine of RM15,000 from today,” MyCC CEO Iskandar Ismail announced today.
He said the decision was based on complaints on Grab since it took over Uber services in Malaysia last year.
Following the merger, Grab became the dominant player in the local e-hailing industry.
Iskandar said the commission has given Grab one month to come up with its defence.
“Commission chairman Hishamudin Yunus will listen to their oral submissions,” he told reporters at the MyCC office here.
FMT has contacted Grab for a response.
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