FAS found Yandex Taxi to have violated antimonopoly laws
[ad_1]
Based on the results of a market analysis, the Federal Antimonopoly Service found that Yandex (MOEX: YNDX) Taxi” occupies a dominant position. This is a violation of Article 5 of the Law “On Protection of Competition”. The service noted that the ability to check the service is limited by the moratorium.
“Cases of abuse of a dominant position are grounds for analyzing the economic feasibility of increasing and taking antimonopoly response measures. However, at present, the possible response measures of the FAS of Russia are limited by the Decree of the Government of the Russian Federation of March 24, 2022 No. 448,” says the FAS commentary, which was received by Kommersant.
The news is being updated.
[ad_2]
Source link
