Russia’s competition watchdog has launched a formal probe into Yandex, alleging the country’s largest technology company could be abusing its dominant position in the search market to promote its own services at the expense of competitors.
The Federal Anti-Monopoly Service (FAS) said Tuesday that Yandex has failed to comply with a previous warning that it must stop favoring its own products in search results.
Shares in the technology giant, which is listed on the U.S. Nasdaq…
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