Russian Court Slaps Google with $20 Decillion Fine for YouTube Blockages

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ICARO Media Group
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31/10/2024 22h33

### Russian Court Imposes Staggering $20 Decillion Fine on Google Over YouTube Blockages

A Russian court has issued a staggering $20 decillion fine against Google after several of the nation's TV channels and media outlets were blocked from YouTube, according to various reports. This astronomical figure, marked by 33 zeros, emerged from a Moscow court following YouTube’s blocking of 17 Russian TV channels and media platforms.

The channels were blocked subsequent to the 2022 invasion of Ukraine ordered by Russian President Vladimir Putin. The unprecedented fine exceeds Google's market value of $2.15 trillion and underscores the escalating tension between the tech giant and the Russian government. Remarkably, the fine is not higher than a googol, a term Google’s name was inspired by in 1997.

Dmitry Peskov, a Kremlin spokesman, commented on the fine, emphasizing its symbolic importance rather than its literal sum. He insisted that Google should not restrict Russian broadcasters on their platform and urged the company to reconsider its actions.

The case initially started back in 2020 when Google blocked channels associated with Wagner Group mercenary chief Yevgeny Prigozhin and oligarch Konstantin Malofeev, notable supporters of Putin. Following Russia's invasion of Ukraine, the situation intensified, resulting in more channels being banned and the fine being significantly raised.

In a more recent twist, Google's Russian entity, Google LLC, filed for bankruptcy in June 2022, and a court declared it bankrupt in November 2023. To avoid further financial penalties, Google has been given a nine-month window to restore the blocked YouTube channels. Failure to comply will result in a daily fine of 100,000 rubles, approximately $1,000, which doubles every week without limitation until compliance is met.

Alphabet, Google’s parent company, experienced a 1.2% decline in premarket trading, despite a 3% gain the previous day after its quarterly earnings report. Alphabet acknowledged ongoing legal challenges in Russia and noted that these matters would not materially affect the company's operations.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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