TEMPO.CO, Jakarta - The Indonesian Consumers Foundation (YLKI) on Monday has reacted to the merger plans of two ride-hailing giants, Gojek and Grab, and expressed fear that the move would be the start of a monopoly, which could potentially violate the Law on Monopoly and Unhealthy Business Competition.
According to YLKI chairperson Tulus Abadi, the merger between the two could potentially harm consumers through slipping service standards up to the monopoly of tariffs.
“The merger could clearly be a disadvantage, which is why we request the Business Competition Supervisory Commission (KPPU) to look into it. This is their job,” said Tulus Abadi on Monday, December 7.
The rumor of a future merger between ride-hailing apps Gojek and Grab have grown stronger claiming that the direct involvement of the SoftBank Group boss, Masayoshi Son, have motivated it by pressuring one of the founders of Grab Holdings, Anthony Tan, to establish a “ceasefire” with Indonesia’s Gojek.
A source cited by Bisnis.com suggests that numerous virtual meetings have taken place to discuss and make a deal regarding the merger and whether it would only take place in Indonesia or both company’s entire regional operations.