Let $A$ be a ring and $S$ a multiplicative closed set. Then the localization of $A$ with respect to $S$ is defined as the set $S^{-1}A$ consisting of equivalence classes of pairs $(a, s)$ where to such pairs $(a,s), (b,t)$ are said to be equivalent if there exists some $u$ in $S$ such that $$u(at-bs)=0$$ Now, in the Wikipedia article about the localization of a ring, it says that the existence of that $u\in S$ is crucial in order to guarantee the transitive property of the equivalence relation.
I've seen the proof that the equivalence relation defined above is indeed an equivalence relation, but I fail to see how crucial the existence of $u$ is. For example, why doesn't it work if we simply say that two pairs $(a,s),(b,t)$ are equivalent iff $at - bs = 0$? I tried to come up with a counterexample for such case, but failed in the attempt.