Tag Archives: YandexVK

MOSCOW – Russia’s federal anti-monopoly service (FAS) on Tuesday granted approval to technology companies Yandex and VK to proceed with an asset-swap deal but with some unspecified terms aimed at preserving competition. Yandex last week agreed to sell its news aggregator, content platform and homepage to state-controlled VK in a move that is expected to tighten the government’s grip on the internet. Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register MOSCOW, Aug 30 (Reuters) – Russia’s federal anti-monopoly service (FAS) on Tuesday granted approval to technology companies Yandex (YNDX.O) and VK (VKCOq.L) to proceed with an asset-swap deal but with some unspecified terms aimed at preserving competition. Yandex last week agreed to sell its… Source link

MOSCOW, Aug 30 (Reuters) – Russia’s federal anti-monopoly service (FAS) on Tuesday granted approval to technology companies Yandex and VK to proceed with an asset-swap deal but with some unspecified terms aimed at preserving competition. Yandex last week agreed to sell its news aggregator, content platform and homepage to state-controlled VK in a move that is expected to tighten the government’s grip on the internet. (Reporting by Reuters Editing by David Goodman ) Source link