Friday, July 3, 2020

Grab Fined US$3 Million

Grab - Home | FacebookIndonesia's antitrust watchdog announced fines totalling more than US$3mil (RM12.86mil) for Grab and its business partner after finding it guilty of breaking anti-monopoly laws, a verdict the ride-hailing firm vowed to appeal.
The Business Competition Supervisory Commission (KPPU) said it had found Grab had discriminated against its drivers, prioritising those provided by partner PT Teknologi Pengangkutan Indonesia (TPI) to the Softbank-backed firm.
The chair of the watchdog judicial panel, said it had found Grab infringed the anti-monopoly laws after evaluating the case. The agency imposed a fine of 30bil rupiah (RM8.90mil) on Grab and a penalty of 19bil rupiah (RM5.61mil) on TPI.

No comments:

Post a Comment