Why Russia wants to fine Google more than Earth’s total wealth

According to the World Bank’s estimate, the planetary GDP is determination astir $100 trillion, which means the magnitude Russia is asking Google to wage is much than the wealth that exists connected Earth.

The study by RBC News states that astir 4 years ago, Google started accumulating a regular good of 100,000 rubles aft it banned the YouTube accounts of pro-Kremlin and state-run media outlets Tsargrad TV and RIA FAN for  “violations of sanctions authorities and commercialized rules.”

Following this, the Moscow tribunal ordered Google to reconstruct entree to these accounts and slapped the tech elephantine with a regular expanding good successful lawsuit the institution failed to instrumentality its orders. The ruling stated that Google had to wage the good wrong 9 months from the day of enforcement and that if does not bash so, the tech elephantine volition incur a regular good of 100,000 rubles.

While the good was inactive manageable then, the concern got worse aft the Russia-Ukraine warfare broke retired successful 2022.  YouTube besides blocked accounts of different Russian state-run media outlets similar NTV, Russia 24, RT, Sputnik and others, which triggered different question of lawsuits from a full of 17 Russian TV channels.

In 2022, Google’s Russian ineligible entity, which operates nether the sanction Google LLC had filed for bankruptcy arsenic its indebtedness had past racked up to much than 19 cardinal rubles. At the time, Google had lone 3.5 cardinal rubles worthy of assets successful the country. Last month, Google started restricting the instauration of caller accounts for radical surviving successful Russia and a period prior, the institution decided that it was deactivating AdSense accounts successful the country.