In a dramatic turn of events, Russia has imposed a staggering fine of $20 decillion (equivalent to two undecillion rubles) on Google. This fine, which is more than the entire world’s GDP, is a result of Google blocking YouTube accounts of 17 Russian TV channels and other media outlets that support President Vladimir Putin’s regime.
Background
The legal conflict began in 2020 when Google blocked access to Tsargrad TV, a channel known for its pro-government stance. Over time, more Russian channels faced similar restrictions, especially after Russia’s invasion of Ukraine in 2022. The court ordered Google to restore the accounts within nine months, with a fine of 100,000 rubles (around $1,200) levied for each day of noncompliance. This fine doubled every week, leading to the astronomical total.
Symbolic Gesture
The Kremlin has acknowledged that the fine is more of a symbolic gesture than an actual expectation of payment. Kremlin spokesman Dmitry Peskov stated, “Although it is a specific amount, I cannot even say this number, it is rather filled with symbolism”. The fine is so large that it exceeds Google’s market value and the world’s GDP combined.
Google’s Response
Google has not officially commented on the latest figure but has alluded to ongoing legal matters in its third-quarter earnings release. The company ceased operations in Russia in 2022, following the country’s invasion of Ukraine, and its Russian subsidiary filed for bankruptcy.
Implications
This record-breaking fine highlights the ongoing tensions between Russia and Western tech companies. It remains to be seen how Google will respond to this unprecedented penalty and whether it will impact its operations in other regions.
follow us : facebook, twitter, instagram, telegram, whatsapp
For Latest Tech Updates Please follow us :
facebook | twitter | instagram | telegram | whatsapp
