FAS cleared merger between Yandex.Taxi and Uber, subject to conditions

24-11-2017 | 11:05

On November 24, 2017 FAS agreed on the application of the Yandex N.V., Uber International C.V. for conclusion of an agreement on the creation of joint enterprise, subject to conditions.

The results of analysis of the market for the organization of information interaction between taxi drivers and passengers showed that the market is in the stage of active growth, depending on how this happens, and in this case, there will be aggregators providing services through a new convenient way to order a taxi - in the mobile device application.

At the same time, taking into account the increasing role of digital technologies in the economy and social sphere, the increasing penetration of wireless access to the Internet and the increasing share of smartphones in the total volume of subscriber units, trends and prospects for the development of the market with a "digital component" the FAS Russia decided to impose remedies aimed at promoting competition within the new cooperation conditions of passengers and drivers..

Companies should provide users with the most complete and accessible information of the legal person carrying out the transportation, with the preservation of the history of trips; should not limit the ability of partners, drivers and passengers to work with other taxi aggregators.

"Currently, there is a tendency in the market to consolidate existing players and strengthen their role in the market. At the same time, we understand that it is important to ensure the development of competition in such markets even at the very first stage, so that all market participants are on an equal footing. To effectively develop the market in conditions of fair competition, such measures should be taken by all market participants - moreover, their implementation will ensure the protection of consumer rights and interests," said Anatoly Golomolzin, the Deputy Head of FAS.

Site Map

News & Events Press Releases Image Library About FAS Russia What We Do Institutional Memory Mission, Goals, Values Priority Setting Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings Using our website International Cooperation Treaties & Agreements OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 OECD meetings 2018 OECD meetings 2019 OECD meetings 2020 OECD meetings 2021 FAS Annual Reports OECD-GVH RCC RCC Newsletter Projects ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 15th session IGE UNCTAD 16th session IGE UNCTAD 17th session IGE UNCTAD 18th session IGE UNCTAD 8th UN Conference on Competition 19th session IGE UNCTAD 20th session IGE UNCTAD 21th session IGE UNCTAD EEU Model Law on Competition ICN BRICS BRICS Conferences Documents BRICS Competition Law and Policy Centre BRICS Working Groups for the Research of Competition Issues in Socially Important markets Working Group for the Research of Competition Issues in the Pharmaceutical Markets Working Group for the Research of Competition Issues in the Food Value Chains Working Group for the Research of Competition Issues in the Automobile Markets Working Group for the Research of Competition Issues in the Digital Markets BRICS Coordination Committee on antimonopoly policy EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Document Library Legislation Reports & Analytics Cases & decisions COVID-19 Contacts Give feedback Contact us Links Authorities Worldwide