Malaysia is looking into the risk of monopoly in the ride-hailing market following the merger of Grab and Uber, the transport ministry said on Wednesday, Channel News Asia reports. From Jul 12, Grab and all other ride-hailing services will be subject to the same licensing conditions as taxi drivers in Malaysia. Bloomberg reported last week that Singapore may force Grab to lower prices and revamp parts of its business, accusing the ride-hailing company of abusing its dominance after acquiring Uber Technologies Inc.’s Southeast Asian business. The country’s Competition and Consumer Commission said that the merger of Uber’s operations in Southeast Asia with those of rival Grab may have broken competition law and could be reversed. The merged ride-hailing company has already increased prices since the deal went through, the commission said as quoted by CNN.