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by Ozzie_osman 2642 days ago
As great as this will be for the tech ecosystem in the Middle East, this type of consolidation should be blocked for antitrust. It'll be bad for customers and drivers.

But it won't be blocked. Uber and Careem share common investors (aka Saudi) and this would be a huge win for them.

1 comments

While this is largely true. The Middle East needs large exits like these (e.g. Souq, Maktoob) in order for investors and carpenters to be motivated. The Middle East (except for Israel) is really lacking in this arena.