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Grab rejects Indonesian antitrust conviction, vows appeal

( July 7, 2020, 03:30 GMT | Official Statement) -- MLex Summary: Grab Indonesia maintains it did not engage in any anti-competitive business practices in its partnership with car leasing company Teknologi Pengangkutan Indonesia, or TPI, and said it would appeal the decision of the Indonesian antitrust regulator finding it guilty of preferential treatment towards TPI drivers. In a statement sent to MLex, Grab said it would strongly protect its brand and reputation against the unsubstantiated allegations made by the Business Competition Supervisory Commission, or KPPU.  The company's statement follows: ...

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