Russia's sky high fine on Google has reached 35 figures, far exceeding the total global GDP
胡胡胡美丽_ss
发表于 2024-10-31 18:27:31
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On October 31st, Caixin News Agency reported that the Russian government's fine on Google has reached approximately $200000000000 (35 digits), far exceeding the total global GDP (approximately $110 trillion in 2023, which is a 15 digit number).
Google lost the lawsuit in 2020 for blocking multiple Russian media accounts on its video platform YouTube, and has been fined 100000 rubles per day since then. Legal professionals told TASS that if fines are not paid within 9 months, the amount of fines will double daily without any upper limit. Only by complying with the court ruling can Google return to the Russian market.
This number far exceeds Google's own market value. The Daily Telegraph said that after the outbreak of the Russia-Ukraine conflict in 2022, Google closed its Russian branch and its subsidiary declared bankruptcy. Russian police have previously seized over $100 million in assets from bankrupt entities.
According to the report, despite Russia's astronomical claims against Google, the company stated in its previous financial report, "We believe that these ongoing legal affairs will not have a substantial adverse impact
Experts pointed out that Google "clearly will not pay this fine, and the Russian Federation cannot recover this money from the company," and all of Google's assets in Russia have been recovered or seized. He stated that any proposals put forward by the Russian government are only valid domestically.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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