Russia's Massive Fine on Google: A Symbolic Strike?

USA, RussiaFri Nov 01 2024
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Being fined a number so big it's more than the entire world's wealth! That's what happened to Google in Russia. A court ordered Google to pay a whopping $20 decillion, or 20 with 33 zeros, as a fine. This isn't just a big number; it's a symbolic gesture. The fine is for blocking Russian TV channels on YouTube, which the Kremlin says are supporters of President Putin's regime and the invasion of Ukraine. But wait, there's more! The fine is growing. It started in 2020 when Google blocked some channels linked to a mercenary chief and an oligarch. Then, it expanded in 2022 after Russia's invasion of Ukraine. The fine is 100, 000 rubles (around $1, 000) per day, doubling every week if Google doesn't restore the accounts within nine months. You might think, "Why bother with such a huge fine? " Well, the Kremlin says it's not about the money but about getting Google's attention. They want Google to stop blocking Russian broadcasters. Some Russian media outlets are even taking this to other countries. They've asked courts in Turkey, Hungary, Spain, and South Africa to enforce the Russian court's decision. South Africa's High Court has already granted a motion to seize some of Google's assets in that country. This fine is so big, it's even larger than a googol, which has 100 zeros. Google's founders, Larry Page and Sergey Brin, chose the name 'googol' for their search engine because they wanted to organize a lot of information. While Google's parent company, Alphabet, saw a dip in shares after the news, it's unclear how this will play out. One thing's for sure, this is a story that's going to keep growing.