To woo them away from Grab would require these new players to put up significant capital, which includes driver incentives and ride promotions. (something only established ride-hailing companies can afford to do so now).
Because of these negative effects, CCCS warn that it could “unwind” the Grab-Uber deal unless sufficient measures are put in place to address these issues. Some of its proposed remedies include removing exclusivity obligations, lock-in periods and termination fees for all Grab drivers or those who rent from Grab’s fleet or partners.
The watchdog is also asking Grab to revert to its pre-merger pricing algorithm and driver commission rates until there is sufficient competition in the market.