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Russian court fines Alphabet's Google 7.2 billion roubles

Friday, December 24, 2021
Russian court fines Alphabet's Google 7.2 billion roubles © Reuters. FILE PHOTO: A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo

MOSCOW (Reuters) - A Moscow court on Friday said it was fining Alphabet (NASDAQ:GOOGL)'s Google 7.2 billion roubles ($98 million) for what it said was a repeated failure to delete content Russia deems illegal, the first revenue-based fine of its kind in Russia.

Moscow has increased pressure on big tech this year in a campaign that critics characterise as an attempt by the Russian authorities to exert tighter control over the internet, something they say threatens individual and corporate freedom.

Google said in an email it would study the court ruling before deciding on further steps.

Russia has imposed small fines on foreign technology companies throughout this year, but Friday's penalty marks the first time it has exacted a percentage of a company's annual Russian turnover, greatly increasing the sum of the fine.

It did not specify the percentage, although Reuters calculations show it equates to just over 8%.

Russia has ordered companies to delete posts promoting drug abuse and dangerous pastimes, information about homemade weapons and explosives, as well as ones by groups it designates as extremist or terrorist.

Google, which has paid more than 32 million roubles in fines over content violations this year, is at odds with Moscow on a number of issues.

Russia has demanded it restore access to state-backed broadcaster RT's German-language channels.

Last week, a sanctioned Russian businessman claimed victory over Google in a court case that could see the tech giant hit with another heavy fine.

Moscow has also demanded that 13 foreign and mostly U.S. technology companies, which include Google and Meta Platforms, be set up on Russian soil by Jan. 1 or face possible restrictions or outright bans.

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24-01-2022 00:28:52 (UTC+7)

EUR/USD

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 EUR/USD1.1328↑ Sell
 GBP/USD1.3553Sell
 USD/JPY113.96Neutral
 AUD/USD0.7175↑ Sell
 USD/CAD1.2559Neutral
 EUR/JPY129.09↑ Buy
 EUR/CHF1.0351↑ Sell
 Gold1,837.20↑ Sell
 Silver24.220↑ Sell
 Copper4.4895↑ Buy
 Crude Oil WTI85.89↑ Buy
 Brent Oil87.87↑ Buy
 Natural Gas3.756↑ Buy
 US Coffee C237.45↑ Sell
 Euro Stoxx 504,229.56↑ Buy
 S&P 5004,397.93↑ Sell
 DAX15,603.88↑ Buy
 FTSE 1007,494.13↑ Buy
 Hang Seng24,772.87↑ Buy
 Small Cap 20001,987.92Buy
 IBEX 358,694.70↑ Buy
 BASF66.180↑ Buy
 Bayer51.62↑ Sell
 Allianz221.70Neutral
 Adidas250.60Sell
 Lufthansa6.909Neutral
 Siemens AG144.52Sell
 Deutsche Bank AG11.478Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,145/ 6,185
(25/ 25) # 1,149
SJC HCM6,130/ 6,195
(7/ 2) # 1,158
SJC Hanoi6,130/ 6,197
(7/ 2) # 1,160
SJC Danang6,130/ 6,197
(7/ 2) # 1,160
SJC Nhatrang6,130/ 6,197
(7/ 2) # 1,160
SJC Cantho6,130/ 6,197
(7/ 2) # 1,160
Cập nhật 24-01-2022 00:28:54
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RON 95-IV2486025350
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E5 RON 92-II2359024060
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Ngoại tệMua vàoBán ra
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EUR24.995,9826.397,30
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JPY192,86204,15
KRW16,3919,97
Cập nhật lúc 12:22:19 24/01/2022
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