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Kyrgyzstan Adds "Yandex.Taxi" to State Register of Monopolies

in Economy / Kyrgyzstan - by


Kyrgyzstan has included "Yandex.Taxi" in the state register of monopolies, recognizing the company's dominant position in the market. This was announced by the Antimonopoly Service.

"The Republican register has been supplemented with the economic entities of Yandex.Taxi.Corp," the statement said.

Thus, the company has been recognized in the republic as holding a dominant position in the market.

In November of last year, the Federal Antimonopoly Service of Russia criticized "Yandex.Taxi" for commissions, pricing, blocking passengers and drivers, and previously recognized the company as a dominant service in the market, threatening antimonopoly measures.

In December 2023, "Yandex.Taxi" contributed around $6.5 million to the state fund of Kazakhstan after an antimonopoly investigation, as a result of which the company was held accountable administratively.