JAKARTA, May 21 (Reuters) - Indonesia's antitrust agency
has started research aimed at identifying risks from a possible
merger between tech giants Grab and GoTo, its
head said on Wednesday.
Muhammad Fanshurullah Asa in a statement said the agency
would be able to conduct a thorough review once the merger takes
place and both companies give notification of such action.
The two firms have yet to confirm merger plans officially
but the possibility of such a move has been widely reported in
recent months.
Sources with knowledge of the matter last week said the two
firms were looking to strike a deal within the second quarter.