Google to face up to 20% fine of Russian revenue this month
By MYBRANDBOOK
According to reports, Russia would fine Google this month a percentage of its annual Russian turnover for repeatedly failing to delete content deemed illegal, Moscow's strongest effort yet to rein in foreign tech firms.
Communications regulator Roskomnadzor said Google had failed to pay 32.5 million roubles ($458,100) in penalties levied so far this year and that it would now seek a fine of 5-20% of Google's Russian turnover, which could reach as much as $240 million, a significant increase.
Russia has created pressure on foreign tech companies as it seeks to assert greater control over the internet in the country, slowing down the speed of Twitter (TWTR.N) since March and routinely fining others for content violations.
Opposition activists have accused Alphabet's (GOOGL.O) Google and Apple (AAPL.O) of caving to Kremlin pressure after they removed an anti-government tactical voting app from their stores.
Roskomnadzor earlier in October said it would ask a court to impose a turnover fine on social media firm Facebook(FB.O), citing legislation signed by President Vladimir Putin in December 2020.
The SPARK business database showed that Google's turnover in Russia in 2020 was 85.5 billion roubles. A 5-20% fine would amount to between 4.3 and 17.1 billion roubles.
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