The FAS within 90 days to take a decision on the transaction of «Yandex» and Uber

© RIA Novosti / Vladimir Astapkovich in photomontage UBER in Moscow. Archival photoThe FAS within 90 days to take a decision on the transaction of «Yandex» and Uber© RIA Novosti / Vladimir Astapkovich the image Bank

The Federal Antimonopoly service (FAS) of the Russian Federation within 90 days to take a decision on the transaction of online taxi services «Yandex» and Uber is in good dialogue with the companies, said the head of FAS Igor Artemyev in an interview with TV channel «Russia 24».

On Thursday, Yandex and Uber announced the merger of the businesses of online travel arrangements in Russia and also in Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan in the new company. The head and founder of the online service taxi Gettaxi Taxi Dave Weiser (Dave Waiser) said that this deal means the end of a price war between «Yandex» and Uber that, in his opinion, could lead to higher prices.

«The law tells us that we have the right to such a deal 30 days plus another 60 have the right to extend. That is, for 90 days we will give the answer,» — said Artemyev. «But we are just ready with companies work, we have good contact with Uber and «Yandex» we passed a lot of important positions and dialogues from the point of view of the implementation of the system that they had implemented it to be a positive for the consumer, that it was safe for consumers,» he added.

«I mean, I can say that as the dialogue our relations with them are very positive, both with one and with another company. In this sense, we will be with them to be very friendly to work with. But if we see a threat, we deal not resolved,» said Artemyev.

According to the deal, Uber and «Yandex» will invest in a new company 225 million and $ 100 million respectively. Created company hand estimated at 3,725 billion dollars. After closing the transaction, 59.3% of the company will belong to «Yandex», 36,6% — Uber, and 4.1% of employees.

The drivers will work on a common platform and will be able to take orders from «Yandex.Taxi», and Uber. The Uber team will join the team of «Yandex.Taxi» and will, in particular, to develop services Uber.

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