State Commission for Protection of Economic Competition publishes the study results on the activities by “Yandex” taxi service. As a result of the study it became clear that the taxi service does not work in line with the law and contains elements of anti-competitive activities.
The commission has also determined that the taxi service not only lacked profit throughout these months, but also worked with damage. This kind of practice may have resulted in ousting minor taxi services from the field.
In order to prevent this the Commission has issued a warning to the company. The Anti-monopoly Commission is now observing other taxi services that are functioning through electronic platform.
