Taipei, Jan. 7 (CNA) The Fair Trade Commission on Wednesday gave the nod to the Taiwan subsidiary of U.S.-based Uber Technologies, Inc. to acquire Taiwanese taxi company Crown Taxi.
The commission said in a press release that the two companies were previously in a partnership, and the merger will not significantly change their share of the taxi dispatching service market.
It noted that Taiwan's market consists of other competitors including Taiwan Taxi Co., Ltd., Line GO, yoxi, and Europe-based Bolt, which launched service in Taiwan in 2025.
The commission said its assessment found that Uber would not pose significant competition restriction risks in the relevant market, such as unilaterally raising fares, colluding with other companies to fix prices, or creating barriers to market entry.
It added that the merger would facilitate business integration and reduce administrative layers, thereby improving operational efficiency.
The commission said that both Uber and Crown Taxi provide taxi dispatch services, constituting a horizontal merger. It added that a vertical merger is also involved, as Uber supplies the dispatching system used by Crown Taxi's drivers.
-
Society
Taiwanese drug manufacturer deported from Philippines after jail term
03/11/2026 10:16 PM -
Society
Two found dead after fire in Tainan
03/11/2026 10:03 PM -
Society
Australian man testifies in rat poison attempted murder case
03/11/2026 09:51 PM -
Business
Taiwan ranks 5th globally in 2026 economic freedom index
03/11/2026 09:08 PM -
Society
Highway Bureau targets late April fix for Danjiang Bridge noise
03/11/2026 07:46 PM