Regarding Grab's failed takeover of Trans-Cab, experts emphasise that the market share of the involved parties is crucial in assessing the impact on competition. Mergers between smaller players often benefit from economies of scale. SMU Assistant Professor of Strategy & Entrepreneurship Terence Fan cited the merger of taxi operators Premier and Strides in May last year as an example. Although Strides Premier became the second-largest taxi operator, its fleet was still less than half the size of market leader ComfortDelGro. Asst Prof Fan noted that the Grab-Uber acquisition, which significantly reduced market competition, occurred before the Competition and Consumer Commission of Singapore (CCCS) was established, and it is uncertain if CCCS would have approved it. He also highlighted Grab's significant market share and its role as a price setter.
