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Russian court fines Google more money than the world's entire GDP

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Sunday, November 3, 2024

 
Correction — December 10, 2024
 
The article refers to the Telegraph Agency of the Soviet Union. After the dissolution of the Soviet Union, it was renamed Information Telegraph Agency of Russia
 
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On October 30, a top Russian court fined American tech-giant Google for blocking Russian state media channels in YouTube.

Google Headquarters in Mountain View, US
Image: The Pancake of Heaven!.

The amount of the fine was two undecillion rubles - a two followed by 36 zeroes (US$ 20,000,000,000,000,000,000,000,000,000,000,000) - an amount beyond the entire world's GDP, which is estimated by the International Monetary Fund to be US$110 trillion.

"Although it is a specific amount, I cannot even say this number, it is rather filled with symbolism," Kremlin spokesperson Dmitry Peskov said, according to the Telegraph Agency of the Soviet Union (TASS), a Russian state news agency.

The court also ordered Google to restore the accounts within nine months, with a fine of RU₽100,000 (US$1,000) per day after that period.

This fine was made after litigation was filed in 2020, according to NBC News, by seventeen Russian television channels and other media outlets.

Google's Russian YouTube subsidiary paused commercial operations after U.S. sanctions were imposed on Russia in response to its 2022 invasion of Ukraine, directly impacting the subsidiary.

According to CNN, Google made reference to the legal dispute in a quarterly earnings statement: "Civil judgments that include compounding penalties have been imposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties." Google added, "We do not believe these ongoing legal matters will have a material adverse effect [on earnings]."


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This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License


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