The Fair Trade Commission today rejected Uber Eats’ acquisition of Foodpanda’s Taiwan delivery service due to concerns about competition.
Uber Eats publicly announced its plan to acquire Foodpanda’s delivery service on May 14, drawing significant international attention.
Uber Eats submitted application materials to the commission for review on Nov. 8 last year.
Photo: Bill Chen, Taipei Times
If the two delivery services were to combine, the market concentration would increase and competition would be restricted, the commission said on Dec. 9, extending its review.
Uber was prepared to present additional commitments and conditions to the commission to achieve a win-win situation for Taiwan, the company said.
However, the commission decided that concerns about competition were too significant and announced its resolution to reject the merger today.
A strong continental cold air mass and abundant moisture bringing snow to mountains 3,000m and higher over the past few days are a reminder that more than 60 years ago Taiwan had an outdoor ski resort that gradually disappeared in part due to climate change. On Oct. 24, 2021, the National Development Council posted a series of photographs on Facebook recounting the days when Taiwan had a ski resort on Hehuanshan (合歡山) in Nantou County. More than 60 years ago, when developing a branch of the Central Cross-Island Highway, the government discovered that Hehuanshan, with an elevation of more than 3,100m,
SECURITY: To protect the nation’s Internet cables, the navy should use buoys marking waters within 50m of them as a restricted zone, a former navy squadron commander said A Chinese cargo ship repeatedly intruded into Taiwan’s contiguous and sovereign waters for three months before allegedly damaging an undersea Internet cable off Kaohsiung, a Liberty Times (sister paper of the Taipei Times) investigation revealed. Using publicly available information, the Liberty Times was able to reconstruct the Shunxing-39’s movements near Taiwan since Double Ten National Day last year. Taiwanese officials did not respond to the freighter’s intrusions until Friday last week, when the ship, registered in Cameroon and Tanzania, turned off its automatic identification system shortly before damage was inflicted to a key cable linking Taiwan to the rest of
Death row inmate Huang Lin-kai (黃麟凱), who was convicted for the double murder of his former girlfriend and her mother, is to be executed at the Taipei Detention Center tonight, the Ministry of Justice announced. Huang, who was a military conscript at the time, was convicted for the rape and murder of his ex-girlfriend, surnamed Wang (王), and the murder of her mother, after breaking into their home on Oct. 1, 2013. Prosecutors cited anger over the breakup and a dispute about money as the motives behind the double homicide. This is the first time that Minister of Justice Cheng Ming-chien (鄭銘謙) has
TRANSPORT CONVENIENCE: The new ticket gates would accept a variety of mobile payment methods, and buses would be installed with QR code readers for ease of use New ticketing gates for the Taipei metro system are expected to begin service in October, allowing users to swipe with cellphones and select credit cards partnered with Taipei Rapid Transit Corp (TRTC), the company said on Tuesday. TRTC said its gates in use are experiencing difficulty due to their age, as they were first installed in 2007. Maintenance is increasingly expensive and challenging as the manufacturing of components is halted or becoming harder to find, the company said. Currently, the gates only accept EasyCard, iPass and electronic icash tickets, or one-time-use tickets purchased at kiosks, the company said. Since 2023, the company said it
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