KUALA LUMPUR: E-hailing company, Grab, said it was surprised by the Malaysia Competition Commission’s (MyCC) proposal to impose a RM86.7 million fine against it for breaching the Competition Act 2010.
The company maintained that it had fully complied with the Competition Act 2010.
“While our legal counsels are studying the proposed decision, we believe that it is common practice for businesses to decide upon the availability and type of third-party advertising on their respective platforms, tailored according to consumers’ needs and feedback,” said a Grab spokesperson in a statement today.
The spokesperson added that Grab would be submitting its written representations to the MyCC by Nov 27.
Earlier today, the commission has proposed to impose the RM86.7 million fine on Grab Inc as well as a daily penalty of RM15,000 against the e-hailing firm starting from today after it was found that Grab had abused its dominant position by imposing some restrictive clauses on its drivers. -- Bernama