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ISSUE – Jul. 10 | Grab co-founder says Southeast Asia still has plenty of competition despite Uber’s exit

Grab may have bought itself a dominant position in Southeast Asia through its acquisition of Uber’s regional business, but the company still believes there’s competition in the ride-hailing space despite what consumers may feel. But Grab customers aren’t alone in feeling that the Grab-Uber deal is detrimental, the Competition and Consumer Commission Singapore (CCCS) last week expressed concern that the tie-up is hurting consumers and that a lack of competition will reduce innovation. [ Tech Crunch ]

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