{"id":625601,"date":"2018-08-09T03:49:00","date_gmt":"2018-08-09T03:49:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/"},"modified":"2018-08-09T03:49:00","modified_gmt":"2018-08-09T03:49:00","slug":"eca-to-conclude-investigation-into-uber-antitrust-complaints-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/","title":{"rendered":"ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d"},"content":{"rendered":"

<\/a> ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d:<\/strong> The Egyptian Competition Authority (ECA) is still looking into complaints brought against Uber by ride-hailing rivals Careem and Ousta, but the investigation should wrap up soon, according to an ECA statement out on Wednesday (pdf)<\/a><\/u>. Ousta and Careem had filed a complaint in December 2016 alleging that Uber engaged in monopolistic practices when it did not raise fares and temporarily stopped charging its drivers a 20% service fee through the end of January 2017. Former ECA boss Mona El Garf said in April of last year<\/a><\/u> that the agency had begun investigating the matter.<\/p>\n

Did the ECA leave a Singaporean Easter egg for us to ponder?<\/strong> The ECA began the statement by referring to a ruling by the Competition Commission of Singapore against a merger between Uber and its South East Asian rival Grab. Uber and Grab had reached an agreement in March<\/a><\/u> whereby the latter would buy Uber\u2019s regional business in exchange for Uber acquiring a 27.5% of Grab and a board seat. The ECA said it was studying the Singapore authority\u2019s ruling.<\/p>\n

In related news, Uber and Nacita AutoCare today launched the Rent to Own vehicle solutions program in Egypt<\/strong> to facilitate car ownership for Uber drivers renting their cars, according to an Uber statement (pdf)<\/a><\/u>. The program, which comes in partnership with the Investment and International Cooperation Ministry and has received EGP 45 mn in funding from the Saudi Fund for Development, will see qualifying drivers paying 5% interest on cars they are renting to purchase the vehicle after 36 months provided they pay 30% of the car\u2019s sticker price.<\/p>\n

Further afield, New York City on Wednesday approved legislation that would cap the number of licenses given to ride-hailing apps Uber and Lyft<\/strong> in what Bloomberg calls<\/a><\/u> a political blow to the industry. The legislation also gives the city the right to set minimum pay standards for drivers.<\/p>\n","protected":false},"excerpt":{"rendered":"

ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d: The Egyptian Competition Authority (ECA) is still looking into complaints brought against Uber by ride-hailing rivals Careem and Ousta, but the investigation should wrap up soon, according to an ECA statement out on Wednesday (pdf). Ousta and Careem had filed a complaint in December 2016 alleging […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625601","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"847a69fc-c750-4613-b4da-0825f2520b37","order":"0","is_powered_by":true,"section_story_id":"204b9c0c-09bc-43dc-b4d9-e486a372b9d2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625591],"teaser":"","voice_url":""},"yoast_head":"\nECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d\" \/>\n<meta property=\"og:description\" content=\"ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d: The Egyptian Competition Authority (ECA) is still looking into complaints brought against Uber by ride-hailing rivals Careem and Ousta, but the investigation should wrap up soon, according to an ECA statement out on Wednesday (pdf). Ousta and Careem had filed a complaint in December 2016 alleging […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-09T03:49:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d\",\"datePublished\":\"2018-08-09T03:49:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/\"},\"wordCount\":324,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/eca-to-conclude-investigation-into-uber-antitrust-complaints-soon\/\",\"name\":\"ECA to conclude investigation into Uber antitrust complaints \u201csoon\u201d - 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The group \u2014 which includes CMA CGM Group, APL, Evergreen, and China\u2019s COSCO Shipping \u2014 left the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599371,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/26\/uae-authorities-greenlight-uber-careem-merger-egypts-eca-yet-to-decide\/","url_meta":{"origin":625601,"position":4},"title":"UAE authorities greenlight Uber-Careem merger, Egypt\u2019s ECA yet to decide","author":"enterpriseam admin","date":"26 June 2019","format":false,"excerpt":"UAE authorities greenlight Uber-Careem merger: Emirati Minister of Economy Sultan bin Saeed Al Mansouri has given \u201cunconditional approval\u201d to Uber\u2019s planned USD 3.1 bn acquisition of Careem, Uber announced yesterday (pdf), making it the first jurisdiction to sign off on the transaction.\u201cThe integration of expertise, competencies and modern technologies ultimately\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/5.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590642,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/30\/merged-uber-careem-to-operate-in-egypt-under-eca-rules\/","url_meta":{"origin":625601,"position":5},"title":"Merged Uber-Careem to operate in Egypt under ECA rules","author":"enterpriseam admin","date":"30 December 2019","format":false,"excerpt":"Uber-Careem merger gets green light from competition authority with a couple of minor caveats: The Egyptian Competition Authority (ECA) has granted regulatory approval for Uber\u2019s USD 3.1 bn acquisition of Careem, imposing only a handful of conditions designed to \u201cprotect the rights of riders, drivers, and investors,\u201d the competition watchdog\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/3061.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=625601"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625601\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625591"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625601"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625601"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}