Protesters urge Taiwan Fair Trade Commission to block Grab acquisition of Foodpanda

Over 500 protesters from five major civic groups gathered in front of the Fair Trade Commission to oppose the proposed acquisition of Foodpanda's Taiwan operations by Grab. The demonstrators, including labor unions, academic associations, and legal experts, are calling for the commission to reject the merger to prevent market monopoly.

A primary concern raised by the National Food Delivery Industry Union is the existing equity link between Uber and Grab, noting that Uber holds approximately 13% of Grab's shares. Protesters argue this connection creates a form of “pseudo-competition” that could harm consumers, small merchants, and delivery workers by reducing price competition and bargaining power.

The Fair Trade Commission has extended its review period for the merger until October 27, 2026. While some media reports suggested a conditional approval might be forthcoming, the commission clarified that it has not taken a specific stance and is conducting a thorough competition assessment. Protesters remain vigilant, demanding that the regulator scrutinize the potential for market dominance and the influence of foreign capital interests.