Uber, Taiwan and foodpanda

Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda operations, citing concerns over potential anti-competitive effects in ...
Its Fair Trade Commission (FTC) argued the buyout of Uber's main rival, Foodpanda, would increase the combined market share to 90 percent on the island and could incentivize Uber to raise prices.