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Taiwan blocks Uber's $950M Foodpanda deal over competition concerns
The merger would eliminate this competitive pressure," Chen Chih-min, vice chairman of Taiwan's FTC, said. "Post-merger, UberEats would be less constrained by competition, giving it more incentive ...
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Taiwan FTC halts Uber’s Foodpanda deal over competition issues
Taiwan FTC vice-chairman Chen Chih-min was quoted by the news agency as saying: “In the food delivery platform market, UberEats' main competitive pressure comes from Foodpanda. The merger would ...
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M&A News: Taiwan Blocks Uber’s Foodpanda Acquisition on Competitive Concerns
Taiwan is a highly competitive market ... The regulatory body contends that following the merger, UberEats will face less competition. This will give it more power to raise prices and increase ...
The Express Tribune1mon
Taiwan halts Uber's Foodpanda acquisition
Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC ...