LTA backs the Interim Directions issued by CCCS to Grab and Uber

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LTA backs the Interim Directions issued by CCCS to Grab and Uber

Date: 13 April 2018; Type: Industry Updates; Source: Land Transport Authority

The Land Transport Authority (LTA) has backed the Interim Directions issued by Competition & Consumer Commission of Singapore (CCCS) to Grab and Uber. LTA noted that the measures pertaining to the removal of exclusivity obligations and impediments to market contestability would further promote market competition in the point-to-point (P2P) transport sector.

LTA is in the process of reviewing the broader regulatory framework for the P2P sector, including studying how to structure the sector and license private hire car (PHC) booking service operators, to ensure that the sector remains open and contestable and no single operator dominates the market to the detriment of commuters and drivers. “Where necessary, we will work with CCCS, taxi companies, and PHC booking service operators to operationalise CCCS's IMD requirements”, LTA said in a statement.

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