Regulators home in on platform power players
AI Summary
Thailand plans to introduce targeted regulations for ride-hailing and on-demand delivery platforms amid market consolidation around two dominant players. Competition authorities aim to address algorithmic practices and potential abuses of market power.
Thailand is moving towards more targeted regulation of ride-hailing and on-demand delivery platforms as each of the markets consolidates around two dominant players, with competition authorities preparing new guidelines to address structural barriers, algorithmic practices and potential abuses of market power.