Russia’s Yandex reaches settlement in search engine dispute | WSAU News/Talk 550 AM · 99.9 FM

Russia’s Yandex reaches settlement in search engine dispute | WSAU News/Talk 550 AM · 99.9 FM

MOSCOW (Reuters) – Russian tech giant Yandex on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and a consortium of IT companies.

The FAS told Yandex last February that it had created unequal market conditions for general online search services, that it was preferentially promoting its own products and asked it to stop. Yandex at the time said it was ready to defend its…


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