seize's proposed acquisition of Trans-taxi will 'noticeably weaken' rival ride-hail platforms in S'pore: CCCS
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"With all the high price of putting autos within the highway in Singapore, motorists ought to see a rise in earnings. with no an advancement in earnings, The provision of fine drivers With this industry will drop even more."
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CCCS also noted that get's program to obtain Trans-cab will come at any given time when rival experience-hail platforms deal with a scarcity of drivers.
in the media launch on Thursday (Jul eleven), the Competition and purchaser Fee of Singapore (CCCS) additional that motorists and passengers could face increased rates if competition constraints on seize from rival platforms are weakened. It could also lead to much less options for ride-hailing platform services.
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