The Federal Antimonopoly Service of Russia (FAS) opened a case against Yandex.
According to the press service of the department, Yandex did not heed the warnings of the antimonopoly authority and continues to create “discriminatory conditions in the online search market.”
In February, the FAS issued a warning to Yandex, demanding by April 1 to provide “equal conditions for the demonstration of services on the pages of the search engine.” The agency argued that Yandex’s search results give priority to branded services such as Yandex.Market, Yandex.Mediaservice and Kinopoisk.
Yandex search uses so-called “sorcerers” – search results elements that answer the user’s question right on the search results page, for example, weather forecast, pictures, word translation, train schedule and much more. In fact, such widgets in search are actually other Yandex services integrated into search results.
Now the FAS is going to conduct a more thorough investigation:
The FAS is investigating possible anticompetitive practices for promoting the services of the Yandex LLC group in search results, and will also assess the consequences to which such practices have led (could have led). “
If violations of antimonopoly legislation by Yandex are confirmed, then the company may be fined, moreover, “negotiable” – depending on the amount of revenue in the market.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
