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UK competition watchdog opens inquiry into Uber’s acquisition of Autocab

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The United Kingdom’s Competition and Markets Authority today said that it’s launching an inquiry into Uber Technologies Inc.’s proposed acquisition of software-as-a-service provider Autocab. The proposed acquisition is part of Uber’s ongoing efforts to expand its revenue base beyond its core ride-hailing app.  Autocab, incorporated as GPC Computer Software Ltd., sells cloud services that help taxi

The post UK competition watchdog opens inquiry into Uber’s acquisition of Autocab appeared first on World Consulting Group.


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