Yandex jumps 13% as EU and Google scuffle

With the European Commission’s antitrust complaint against Google, Russia’s home advantage in Internet search is evident.

Shares of Yandex, Russia’s largest Internet search provider,  were up nearly 13% in the last half hour of U.S. trading, while shares of its smaller Russian competitor Mail.ru Group were down 1.7%. Google stock rose 0.6%.

Yandex jumps 13% as EU and Google scuffleRead More
Topics: Capital markets, Finance, International, Internet, Legal, Legislation & regulation, News, Search engines & SEO
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