FAS extended the examination of the application «Yandex.Taxi» and Uber on the merger

© RIA Novosti / Michael Voiceoperated in photobacteria the FAS Russia. Archival photoFAS extended the examination of the application «Yandex.Taxi» and Uber on the merger© RIA Novosti / Michael Voiceoperated the image Bank

The Federal Antimonopoly service (FAS) has prolonged for two months examination of the application «Yandex.Taxi» and Uber on the merger in Russia, told journalists the head of Department of communications and information technologies of the FAS Elena zaeva on the sidelines «of the Week competition».

«We analyze (transaction ed.). Consideration of the petition was extended for two months,» she said.

In mid-July, «Yandex» and Uber have agreed to unite in one company your online taxi services in Russia, Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan. 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 closing of the transaction expected in the fourth quarter of 2017.

The head of FAS Igor Artemyev last week said that the deal «Yandex» and Uber will not lead to monopolization of the market, given that more than a dozen companies working on this market, however, you may need a prescription. While the FAS refers to it positively. According to Artemyev, the consideration of the government Commission on foreign investments for the transaction is not required.

Source

Be the first to comment on "FAS extended the examination of the application «Yandex.Taxi» and Uber on the merger"

Leave a comment

Your email address will not be published.


*