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EPAM Represents Companies in Yandex Antimonopoly Case

EPAM Represents Companies in Yandex Antimonopoly Case

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Egorov, Puginsky, Afanasiev & Partners is representing a coalition of Avito, IVI, CIAN, Profi.ru, Tutu.ru, Drom.ru, 2GIS, and Zoon in a abuse-of-dominant-position case against Yandex initiated by the Federal Antimonopoly Service of Russia.

According to EPAM, in August 2020, the coalition filed a complaint with the FAS in relation to Yandex's alleged abuse of its dominant position on the Internet search engine market, referring, the firm reports, "to the fact that the IT giant had been able to create preferential conditions for its services in the Yandex search engine through the use of special interactive blocks, the so-called search engine wizards."

According to EPAM, "at the end of February, the FAS issued a warning to Yandex, demanding that it eliminate the said violation and provide all market participants with equal opportunities to promote their services in search engine. Yandex failed to comply with this requirement in time, leading to the FAS opening a case against the company for violating antimonopoly legislation on 13 April 2021."

“This is a precedent-setting case in terms of both its scale and the challenges that need to be addressed," said EPAM Head of Competition Natalia Korosteleva. "Being able to determine the terms on which to secure a level playing field in the search engines market for own and third party services means laying down the rules of the game for the dominant players in digital markets of the future. This complex task has not yet been addressed by any regulator in the world, yet the FAS has repeatedly driven decisions that are recognized as gold standard by the regulators globally. We are confident that such a decision will be arrived at in this instance also."

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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