Singapore's Competition Watchdog Halts Investigation into Grab and Delivery Hero Deal
In a significant development for the food delivery market in Singapore, the Competition and Consumer Commission of Singapore (CCCS) has officially closed its investigation into the potential deal between Grab Holdings and Delivery Hero. The scrutiny began in early January, sparked by concerns over the possible impact on market competition, as the two giants eyed a collaboration that could have reshaped the sector's landscape.
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