Yandex vs. Google Market Share in Russia
In 2017 an anti-monopoly agency in Russia ruled that Google was taking advantage of its position on Android phones. In so doing, they said that Android and Apple phones need to offer users the choice of which search engine they wanted to use instead of defaulting to Google. Once that ruling came into effect you can see it in the search engine market share in Russia. The trend reverses and Yandex starts gaining back market share:
Post media

Nathan Worden's avatar
Takeaway: Don't underestimate the power of regulators to shift the balance in markets.

h/t to @pat_connolly and Ross Klein. This observation was from Ross. Video to be released soon of our full conversation on Yandex.
Conor Mac's avatar
Imagine this was done in the US
Nathan Worden's avatar
@investmenttalk I'd think that DuckDuckGo would be the biggest beneficiary? Maybe Bing?

If this would done in the US it would be huge from a regulatory perspective, but then again... how many consumers would actually move away from Google when given a little more choice? Low single digits would be my guess. Longterm market share trend: unclear.
Conor Mac's avatar
@nathanworden imagine Apple created search and then made it the default browser 😭
Nathan Worden's avatar
@investmenttalk I bet they would if they thought they could get away with it... or if the fine would be negligible 😭
Jacob G's avatar
This is great thanks
Nathan Worden's avatar
@tradingsafely Thanks! I kind of wish textbooks were written in this way, with an animated visual to help train the eye. Glad you appreciated it :)
Jacob G's avatar
😁
Gannon Breslin's avatar
awesome graphic!
Nathan Worden's avatar
@gannon Thanks Gannon :)
Luka 🦉's avatar
As a heavy user of Yandex $YNDX services (browser, search engine, uber-like-taxi, food delivery, cloud disk, etc.) I need to say that Yandex makes terrific products not only for Russian speaker audience.

Anyway, great graphic :)
Nathan Worden's avatar
@stock.owl We should have had you on to chat about Yandex at our most recent 'Alpha Bets' conversation! Would have been great perspective to talk to someone who uses the full slate of $YNDX's products.


We'll have to get you on to discuss another company (or if we do a revisit of Yandex)
Luka 🦉's avatar
@nathanworden it will be nice. Count me in
Grace Gruber's avatar
This graphic is AWESOME. Regulatory agencies globally have always had a influence in markets, and I'm interested to see what they do with cryptos this year.
Nathan Worden's avatar
@grace thanks Grace!
Yep regulation in crypto will be a huge this year. For better or for worse.

Author

Related