FAS HAS TERMINATED THE ANTIMONOPOLY CASE AGAINST YANDEX

26-05-2022 | 17:37

Earlier, the consideration of the antimonopoly case against Yandex was suspended due to the fact that the court ruling on the approval of the settlement agreement was appealed by Cassir.ru LLC in cassation.

FAS notes that the settlement agreement concluded between the Authority, Yandex and the applicants in the antimonopoly case was the result of the company's recognition of the validity of the warning issued by FAS and the implementation of its provisions. This decision made it possible not to delay the trial for years, but to jointly implement mechanisms that allow all market participants to develop successfully.

The actions taken by Yandex to eliminate factors limiting competition in the Internet search market are aimed at all market participants, regardless of participation in the signing of a settlement agreement.

Besides, in accordance with the requirements of the Arbitration Procedural Code of the Russian Federation, when approving the settlement agreement, the Arbitration Court of the Moscow city found that the concluded agreement does not violate the rights and legitimate interests of persons who are not its signatories.

FAS, together with market participants and interested parties, will continue to monitor the implementation of the terms of the settlement agreement and the state of competition in the Internet search market.



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