Reported 5 months ago
Professor Wang Weilin from the Department of Law at Chinese Culture University discusses the acquisition of Foodpanda Taiwan by Uber Eats, urging the Fair Trade Commission to carefully consider the case. This acquisition, signaling market consolidation in the food delivery sector, has raised international concerns, especially following Delivery Hero's exit from the Asian market. Various examples worldwide, such as Singapore's strong stance against platform mergers, highlight the importance of upholding market competitiveness. The article also compares the competitive landscape in Hong Kong, where the entrance of newcomer KeeTa has revitalized the market, underscoring the significance of maintaining a competitive market environment.
Source: YAHOO