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Companies

Philippines freezes Grab-Uber deal pending review

Watchdog halts April 8 merger without setting deadline for final decision

Grab would likely control 80% of the Philippine ride-hailing market once the deal closes.   © Reuters

MANILA -- The Philippines' antitrust regulator has ordered Grab and Uber to put their merger on hold while it scrutinizes the deal, after the ride-hailing companies were hit with a similar command in Singapore. 

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