Art and culture

Russia fines Google more than world’s GDP

Russia has demanded Google pay a fine worth more than the world’s GDP for blocking pro-Kremlin media outlets.

Judges in Moscow are seeking around $US20 decillion ($30.4 decillion) from the technology giant, many times the estimated $US100-trillion size of the global economy. If written out in full, the fine would be 20 followed by 33 zeros.

Google was fined a daily penalty of 100,000 roubles four years ago and warned that amount would double every 24 hours if it went unpaid.Credit: Bloomberg

The penalty, which far eclipses Google’s own $US2-trillion market value, comes after the US technology business barred pro-Moscow propaganda channel Tsargrad TV, which is owned by oligarch Konstantin Malofeev, from YouTube four years ago.

Google was fined a daily penalty of 100,000 roubles and warned that amount would double every 24 hours if it went unpaid. The technology giant now owes more than 2 undecillion roubles, a 36-digit figure, lawyer Ivan Morozov told the state-owned TASS news agency.

The original fine has been compounded by further penalties after Google blocked a total of 17 Russian TV channels as a result of international sanctions. According to local news outlet RBC, the judge described the legal battle as “a case in which there are many, many zeros”.

The technology giant shut down its local Russian division in 2022 following Vladimir Putin’s invasion of Ukraine, with its subsidiary declaring bankruptcy. However, many of its services including its search engine and YouTube have remained accessible to Russians.

The technology giant shut down its local Russian division in 2022 following Vladimir Putin’s invasion of Ukraine.

The technology giant shut down its local Russian division in 2022 following Vladimir Putin’s invasion of Ukraine.Credit: AP

The Telegraph revealed in August that bailiffs acting for Moscow had seized more than $US100 million from the bankrupt entity to fund Putin’s war machine.

In court documents Google said Russia had handed the assets to sanctioned TV channels including Tsargrad, whose owner Malofeev has been described as the “Orthodox oligarch”, and state-owned RT.

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  • Source of information and images “brisbanetimes”

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