Google fined 20 quintillion euros in Russia | EUROtoday
The Kremlin has described a huge superb imposed by a Russian courtroom on the expertise group Google as symbolic. “The demands demonstrate the essence of our television channels’ allegations against Google,” mentioned Kremlin spokesman Dmitry Peskov.
It was beforehand recognized that the full quantity of penalties imposed by the courtroom in opposition to the US firm reached 2 sextillion rubles (that is about 20 quintillion euros – a quantity with 34 zeros). The quantity isn’t solely a a number of of Google’s worth, but in addition a a number of of the world’s annual financial output.
The dispute revolves across the blocking of quite a few Kremlin tv channels on YouTube. A Russian courtroom ordered the Google firm Alphabet to revive the channels in 2020. For day by day that Google doesn’t adjust to this requirement, the corporate should pay a superb of 100,000 rubles (just below 1,000 euros), with the every day penalty doubling each week.
According to Peskov, the file superb ought to encourage Google to reverse the blocking of the channels. “This is the best the company can do,” he mentioned. However, there isn’t any signal of Google giving in. After the beginning of Russia’s battle of aggression in opposition to Ukraine, which violated worldwide legislation, YouTube blocked different Russian tv channels. Moscow can not implement the decision; the decision solely applies on Russian territory. Google’s Russian subsidiary was declared bankrupt shortly after the beginning of the battle.
https://www.welt.de/politik/ausland/article254293508/Google-in-Russland-zu-einer-Strafe-von-20-Quintilliarden-Euro-verurteilt.html