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Ride-sharing firm faces fine of more than $20 million

Posted On: Oct. 4, 2019 6:19 AM CST

The Malaysia Competition Commission has fined Singapore-based ride-sharing network Grab Holdings Inc. more than 86 million Malaysian ringgit ($20.5 million) for violating the country's competition law, Al Jazeera reported. The commission said that Grab had abused its dominant position in Malaysia by preventing its drivers from promoting and providing advertising services for its competitors.

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