E-hailing service provider Grab has promised to Minister in Prime Minister’s Department Datuk Seri Nancy Shukri that the company will not increase its prices in Malaysia after its takeover of rival Uber’s Southeast Asia operations.
During Dewan Rakyat Minister’s oral answer session today, Nancy, who was responding to Lembah Pantai MP Nurul Izzah Anwar’s query on Grab monopoly concern, said she received such guarantee in a discussion with Grab on March 26 this year.
“I have had a discussion with Grab on March 26 to hear from them, and they have guaranteed to us that there will not be any form of price hike or unfair pricing. If pricing discrimination happens, I have stressed to Grab that we will take action through the Malaysia Competition Act, by collaborating with Malaysia Competition Commission (MyCC),” she said.
http://www.theedgemarkets.com/article/grab-promises-no-price-hike-after-uber-takeover-says-nancy-shukri
