PCC Case No.

M-2018-001

Acquisition by Grab Holdings, Inc. and MyTaxi,PH Inc., of Assets of Uber B.V. and Uber
Systems, Inc.

Facts:

Grab Holdings, Inc. and MyTaxi.PH, Inc. acquired the assets of Uber B.V and Uber Systems,
Inc. in exchange of 27.5% ownership in Grab. MAO commence a motu proprio review of the
transaction.

The commission considered the Undertaking submitted by the Parties.

Held:

1. Grab shall not introduce (i) any exclusivity provision in their agreement with the
operators (ii) any provision in their agreements that would result in exclusive
membership in or use of Grab App (iii) any rule or regulation that would penalize the
drivers or operators solely by reason of the driver or operator having been found to be
registered with or operating under other TNCs (Grab shall submit reports with the
commission)
2. Grab shall maintain the changes made to Grab app and must improve customer
experience.
3. Grab shall revise its Trip Receipt to show the fare breakdown per trip.
4. Grab shall ensure that its pricing behavior is not unreasonably different pre and post
transaction. Pricing will be monitored. The threshold for an increase is 22% of such
mean deviation.
5. Grab shall be monitored by an impartial third-party monitoring trustee appointed by PCC.
6. The undertaking shall be effective from the date of the decision of the PCC util a period
of one year, subject for provisions in the Undertaking.

Order dated April 6, 2018 is lifted without prejudice.