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Not fair. The guy in fact did a great job by NOT letting the Russian government nationalize Yandex (and they considered to do it), so it is up to this day a com
by xpl 4y ago
Not fair. The guy in fact did a great job by NOT letting the Russian government nationalize Yandex (and they considered to do it), so it is up to this day a company with no govt. involvement — which is almost impossible for a business of this scale in Russia.
But yeah, there is a price to it — Yandex had to make a deal that it does not shut down its infamous news aggregator with cherry-picked pro-Kremlin sources (the cherry-picking is required by the Russian regulations in case you didn't know) — despite many ppl in the company wanted to shut it down, as it damages the company's brand so much.
And now since Yandex announced that it has finally managed to get rid of that toxic asset (by selling it) — I don't know for what EU is really punishing him? How that helps ending the war? It has the exact opposite effect. It would be now significantly harder for him to start up new legit businesses outside of Russia, so basically it created complications in moving value out of Russian economy. It looks like a clear win for Russia and a clear loss for the West.
The same, by the way, applies to all Russian people that got "sanctioned" by not giving visas to them, by refusing to open bank accounts, etc. That only keeps brains and money inside of Russia, thus helping the evil regime thrive! Just think about it.