Contact MORE KASI

Our Working time is from 9:00 Am – 18:00 Pm, but we are always ready to be online at 7 x 24H, we will reply to you once we are available.

icon_widget_image Monday-Friday: 9:00 am to 18:00 pm; Sat - Sun: Closed icon_widget_image No. 777 Zhongguan Rd, Ningbo, CN 315200 icon_widget_image +(86) 574-8630 6300 icon_widget_image info@morekasi.com

Russia fines Google

Russia to Google fined $20000000000000000000000000000000000 integrated Russia itar-tass, Britain's daily telegraph reported on October 30, The Russian government fines for Google has amounted to about $20000000000000000000000000000000000 (35), a number that far exceeds the total global GDP (for about $110 trillion in 2023, is a 15 digit number). 

According to reports, in 2020, Google lost a lawsuit over its video platform YouTube blocking several Russian media accounts, and since then, Google has been fined 100,000 rubles per day. Legal sources told TASS that if the fine is not paid within nine months, the amount of the fine will double every day without an upper limit. Only by complying with the court's decision can Google return to the Russian market.

That's far more than Google's own market value.

According to The Daily Telegraph, after the outbreak of the conflict between Russia and Ukraine in 2022, Google closed its Russian branch and its subsidiary declared bankruptcy. Russian police have previously seized more than $100 million in assets from bankrupt entities. Despite the astronomical Russian claims against Google, the company said in its last earnings report, "We do not believe these ongoing legal matters will have a material adverse effect."

Experts noted that Google "obviously will not pay this fine, and the Russian Federation will not be able to recover the money from the company," and that all of Google's property in Russia has been recovered or seized. He said any claims made by the Russian government were only valid at home and that international bodies needed to hold Google to account.

Post a Comment