US tech giant Google recently made headlines with a penalty imposed by the Russian government. This fine, worth millions of dollars, has been doubled as a result of decisions made by the courts. Here are the details.
Google failed to pay its debts!
Russian courts had imposed a hefty fine on Google on the grounds that the company was abusing its position in the market. The tech giant, refusing to accept the penalty, did not pay the required amount during the payment period. In response, the courts took action again and imposed a total fine of 4 billion rubles (47 million dollars) on Google.
The penalty of 2 billion dollars, imposed at the beginning of 2022, was decided due to the blocking of videos financed by Russian state institutions worldwide. Although Google was under pressure from the government and politicians, it had not been subject to blocking decisions like other social media platforms.
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The tech giant’s objections to the decision to double the fine were unanswered. Official institutions announced that the penalty would be doubled due to the non-payment of the 2 billion ruble fine. It was also emphasized that the new amount should be transferred to the state account within 60 business days. The next steps Google will take in this situation are eagerly anticipated.
So, what are your thoughts on this matter? Do you think the imposed penalty will have an impact this time? You can share your opinions with us in the comments section.
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