Russian watchdog opens case against Yandex over alleged competition law breach

Russian watchdog opens case against Yandex over alleged competition law breach

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov

Russia’s Federal Antimonopoly Service (FAS) on Tuesday said it had initiated proceedings against internet giant Yandex (YNDX.O) over alleged competition law violations on the company’s search engine.

The state agency told Yandex in February it had created unequal market conditions for general online search services, that it was preferentially promoting…


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