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​Grab-Uber deal faces likely review by Philippine antitrust agency, regardless of size

By Jet Damazo-Santos ( April 2, 2018, 08:59 GMT | Insight) -- The Philippine Competition Commission appears keen on conducting a review of Grab's acquisition of Uber's Southeast Asian operations, regardless of whether the transaction meets its merger notification threshold. If the deal doesn't meet the threshold and even if the parties don't submit to a voluntary review, the PCC said the law allowed it to launch a motu proprio review, which means it can open a case that may unwind or block the deal.The Philippine Competition Commission appears keen on conducting a review of Grab's acquisition of Uber's Southeast Asian operations, regardless of whether the transaction meets its merger notification threshold....

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