JAKARTA -- Reported merger plans between GoTo Group and Grab are stoking concerns about the creation of a monopoly in Indonesia's ride-hailing and food delivery market as the government looks likely to approve the plan.
Business deals
GoTo-Grab merger plan raises monopoly concerns as Indonesia eyes approval
Ride-hailing giants would hold 90% of the country's market if combined
Drivers working for ride-hailing and food delivery services in Indonesia have organized protests recently seeking better treatment from the companies. (Photo by Ken Kobayashi)
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