Russian court fines Google more money than the world's entire GDP
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Friday, November 1, 2024
On October 30, a top Russian court fined American tech-giant company Google for blocking the Russian state media channels in YouTube.
The amount of fine was two undecillion rubles - a two followed by 36 zeroes (US$ 20,000,000,000,000,000,000,000,000,000,000,000) - way beyond the world's GDP estimated by the International Monetary Fund of 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 TASS.
The court also ordered them to restore their 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. Their accounts were frozen by YouTube following the sanctions by the United States on Russian Invasion of Ukraine in 2022.
Google has not publicly commented on this yet.
Sources
[edit]- David Hodari. "Russia fines Google more than the world's entire GDP" — NBC News, October 31, 2024
- Graham Fraser. "Russia fines Google more money than there is in entire world" — BBC, October 31, 2024
- Doloresz Katanich. "Russia fines Google more than the world’s total GDP over YouTube bans" — Euronews, October 30, 2024