Police report lodged against private ambulance service for misrepresenting hospitals: MOH Toggle share menu
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A photo showing a Singapore Emergency Ambulance Services ambulance. (Photo: Facebook/Singapore Emergency Ambulance Services)
08 Feb 2021 08:38PM (Updated:
08 Feb 2021 11:36PM) Share this content
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SINGAPORE: The Ministry of Health (MOH) said on Monday (Feb 8) that it has filed a police report against a private ambulance service for misrepresenting several public and private hospitals.
In a press release, MOH said it received feedback that Singapore Emergency Ambulance Services (SEAS) phone number, 6100 6995, was linked to search engine results purporting to be in connection with the following, which include:
Introduction
Merger control is one of the key pillars in Singapore’s antitrust framework. Its main objective is to preserve the competitive landscape of markets despite mergers, takeovers or the formation of long-lasting joint ventures.
Given that Singapore has a voluntary merger control regime, merger parties generally have the freedom to complete a merger without incurring administrative time and costs in the process of notifying the Competition and Consumer Commission of Singapore (CCCS). This position stems from a pro-business objective which seeks to reduce onerous obligations and unnecessary costs for businesses.
However, oblivious to many, there are several risks merger parties assume when an anti-competitive merger goes un-notified. Such risks have not been fully explored until the Uber-Grab merger in 2018.
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Details 13 January 2021
Gojek has been thrust into the spotlight recently for alleged merger talks with Grab and Tokopedia respectively. The Indonesian ride-hailing app was reportedly in advanced merger talks with Tokopedia to seal a US$18 billion deal while it allegedly also made substantial progress to merge with Grab.
Both Grab and Tokopedia have solidified their reputation in their respective industries. Grab s net revenue increased by 70% in 2020 and returned to well over 100% of pre-COVID levels . According to enterprise intelligence company Craft, Grab was last valued in 2019 at more than US$14 billion. Meanwhile, Craft said Tokopedia was last valued in 2018 at US$7 billion and was said to have obtained US$350 million funding from Google and Temasek Holdings last October. Meanwhile, Gojek is valued at US$10 billion, according to Bloomberg. While this might seem like a business merger unrelated to the advertising and marketing industry
Wednesday, 13 Jan 2021 06:35 PM MYT
The Competition Appeal Board has upheld a financial penalty imposed on Uber over its merger with former rival Grab. TODAY pic
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SINGAPORE, Jan 13 An appeal by ride-hailing firm Uber against a S$6.58 million (RM20 million) financial penalty for its merger with former rival Grab in 2018 has been dismissed, the Competition and Consumer Commission of Singapore (CCCS) said in a statement today.
CCCS had deemed that the American ride-hailing giant’s sale of its South-east Asian business to Grab for a 27.5 per cent stake in the latter had resulted in a “substantial lessening in competition” in the ride-hailing platform market here.