#550 - Grab and Trans-Cab Deal Falls Through & RI Student Dresses as Delivery Rider for Racial Harmony Day

Yah Lah BUT...

Grab officially ended its pursuit of a buyout of Trans-Cab after Singapore's competition watchdog announced that it believed the deal would result in "a substantial lessening of competition" in the local ride hailing scene. Was this turn of events a win for consumers? Elsewhere, Raffles Institution has drawn flak after a photo of a student dressed as a delivery rider for Racial Harmony Day made its rounds on the internet. Was it a malicious action on the student’s part? What made the costume particularly offensive in Singapore’s context?

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Grab and Trans-Cab Deal Falls Through

• Grab ends Trans-Cab buyout after provisional ruling that deal would likely flout antitrust laws
• Grab's proposed acquisition of Trans-cab will 'significantly weaken' rival ride-hail platforms in S'pore: CCCS
• Competition watchdog says Grab's plan to acquire Trans-cab will significantly weaken rivals
• Competition watchdog begins in-depth review of Grab's proposed Trans-cab acquisition
• Talks to sell foodpanda have failed, says owner Delivery Hero
• Competition and Consumer Commission of Singapore | CCCS

RI Student Dresses as Delivery Rider for Racial Harmony Day

• Raffles Institution student dressed up as delivery rider on Racial Harmony Day, faced disciplinary action
• 2 RI students disciplined and counselled, after 1 seen dressed inappropriately for Racial Harmony Day

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