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Wednesday, September 16, 2015

Russia Says Google Violates Competition Law

Russian Watchdog Says Google Violating Competition Law

Anastasia Teterevleva and Anastasia Lyrcyhikova | September 14, 2015

Russia's anti-monopoly agency said on Monday Google Inc (GOOGL.O) was abusing its market position in the country and would face penalties, in a case launched by local competitor Yandex (YNDX.O) (YNDX.MM).

The FAS anti-monopoly body said Google had violated the law by pre-installing certain applications on mobile devices and could face penalties totaling up to 15 percent of its 2014 revenue in this part of the Russian market.

<more at; related links: (Google found guilty of abusing position in Russia. September 15, 2015) and (Google Found Guilty of ‘Abusing Dominant Market Position’ in Russia. Russian antitrust agency will have 10 business days to issue its ruling on the case in full. September 14, 2015)>

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