Competition watchdog seeks feedback on Grab's proposed $0.30 platform fee

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The Competition and Consumer Commission of Singapore (CCCS) is inviting public feedback on Grab’s request to impose a platform fee on riders for its ride-hailing services in Singapore.

The proposed fee amounts to S$0.30 per ride, or S$0.32 with goods and services tax.

In its application to CCCS, Grab said the fee will enable it to maintain and enhance various safety measures, as well as cover relevant operating costs. A third of the funds collected will be committed towards providing benefits for driver welfare, according to Grab.

Grab noted that it “invests heavily” to provide passengers and drivers with a “safe and pleasant experience on its platform”, and that the imposition of a platform fee will be in line with the industry norm.

In September 2018, the competition watchdog issued an infringement decision on the merger of ride-hailing giants Uber and Grab, and fined them more than S$13 million.

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