Coalition wants Raqqa to be a Syrian center beyond Assad’s control - Russian senatorRussian Politics & Diplomacy October 22, 14:22
Putin notes dynamic development of political dialogue between Russia, KazakhstanRussian Politics & Diplomacy October 22, 12:09
US and coalition bomb Syrian Raqqa, like Dresden was bombed in 1945 - Defense MinistryMilitary & Defense October 22, 9:56
NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
Russian senior diplomat: Moscow has 'no doubts' that Iran fulfilling JCPOA dealRussian Politics & Diplomacy October 21, 11:04
Monuments to Soviet troops in PolandWorld October 21, 10:57
Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
KAZAN, September 15. /TASS/. Russia’s Federal Antimonopoly Service (FAS) does not expect the taxi-hailing market to be monopolized as a result of the deal between Yandex and Uber, the regulator’s head Igor Artemyev said Friday, adding though that it may provide companies with directions.
"We positively view the transaction. Given that more than ten companies operate on the market this type of merger will not cause a market monopolization. However, as it is tied with digital technologies directions may be provided," he said.
Yandex.Taxi and Uber announced that the companies had agreed to merge their businesses in Russia, Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan in mid-July. Uber will invest $225 mln, while Yandex will invest $100 mln in the joint venture. Yandex will own 59.3% of the new business, Uber will own 36.6%, while employees will own 4.1%.
The transaction is still subject to regulatory approvals and is scheduled to close in Q4 2017.