Grab was recently accused of violating competition law by implementing restrictive clauses on its driver, causing Malaysia’s competition regulator to propose a fine of more than RM86 million on the company.
In addition to the proposed anti-monopoly fine, the Malaysia Competition Commission (MyCC) also set a daily RM15,000 penalty — unless Grab address the issues. 30 working days were given to the ride-hailing firm to provide their written representations and Grab has since released a statement that the written representations will be submitted by 27 November 2019.
Grab insists that they have been abiding the Competition Act 2010. “Whilst our legal counsels are now studying the Proposed Decision, we believe that it is common practice for businesses to decide upon the availability and type of third-party advertising on their respective platforms, tailored according to consumers’ needs and feedback.”
This isn’t the first time Grab has been penalised; it was previously fined by antitrust watchdogs in Singapore and Philippines.
