Moscow, April 17, 2017. Today the Federal Antimonopoly Service of Russia (FAS) announced the approval of a settlement of the two-year old Android antitrust case in Russia.
“Today is an important day for Russian consumers as Google has agreed to take significant steps that open up its Android platform in Russia,” said Arkady Volozh, Chief Executive Officer of Yandex. "Now millions of Russian Android users will be offered a choice of search engines on their mobile devices. I am thankful to the Federal Antimonopoly Service for applying the law in a manner that effectively and efficiently restores competition to the market for the benefit of Russian users, as competition always breeds innovation. I’m excited, together with the entire team at Yandex, to continue building products and services that deliver exceptional customer experiences.”
Today, management will hold a conference call and webcast at 4:30 p.m. U.S. Eastern Time (11:30 p.m. Moscow time, 9:30 p.m. London time) to discuss the settlement and address questions.
Monday, April 17, 2017
4:30 p.m. U.S. Eastern Time (11:30 p.m. Moscow time, 9:30 p.m. London time)
US: +1 877 280 1254
UK/International: +44(0)20 3427 0503
Russia: 8 800 500 9311
US: +1 866 932 5017
UK/International: +44(0)20 3427 0598
Russia: 810 800 2870 1012
Available until April 23, 2017