By Matthew Perlman (January 21, 2022, 5:08 PM EST) — Amid debate among U.S. lawmakers over legislation that would bar large technology platforms from favoring their own products and services, Russia’s antitrust watchdog has entered a settlement with internet giant Yandex requiring the company to end similar practices. The Federal Antimonopoly Service said in a statement issued on Wednesday in Russian that Yandex has agreed to a settlement ending the agency’s case against it, alleging… Source link
Read More »Yandex ordered to stop self-preferencing on search engine
Russian federal competition watchdog FAS has ordered internet search engine Yandex to stop discriminating against competing services in its search results, the regulator told RIA-Novosti. Following the FAS investigation, Yandex could face a fine on the basis of its revenues for the violation of competition law. Source link
Read More »How to stop Google self-preferencing? Europe may not be the model
After a wide-ranging 16-month investigation, a congressional subcommittee examining dominance in the technology industry last week recommended more than two dozen updates to the U.S. antitrust system, including implementing nondiscrimination rules that would limit “preferential or discriminatory treatment” by dominant platforms. But such rules can be hard to enforce, experts said, and attempts by the European Union to spur… Source link
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