Google was fined $34 million for breaching competitive rules by Russia.
- Russia fined google $34 million.
- Russia is making changes in their rules for foreign tech companies.
- Russia’s FAS or Federal Antimonopoly Service was the one that fined Google.
- Google have to pay the fine in 2 months.
Google has been fined by Russia for breaching the competitive rules. FAS or Federal Antimonopoly Services was the authority that maintain and charged fines to the tech companies.
Google has been fined $34 million for the breach. Google was fined because they were hosting other services markets on YouTube.
It was a breach because Google used their market dominance in media share via YouTube to promote hosting service markets.
FSA has been more active over the past few years as they are trying to increase domestic tech companies to produce more and have a better market share.
FSA was the authority that fined Google 2 billion roubles or $34 million. Russia’s attempt to make imports less and make foreign companies in their domestic market has less hold is taking place.
FSA claimed that Google abused their YouTube platform which is very dominant in video sharing, to promote several hosting services markets.
Google replied that they will fully read the context of the official decision to define their next move.
Google has to pay the 2 billion roubles or $34 million in less than 2 months. Google has been fined many times by the Russian authority for its subsidiary services in Russia.
Google was ordered to pay $21 million by the Russian court for repeatedly posting content which is illegal in Russia. Russia was saying that they were posting “fake news” about how they are invading Ukraine.
Ever since the “special military operation” in Ukraine by Russia, Russia has been targeting western tech to exert more pressure on the tech companies to control the internet space around them.
Russia’s Gazprom Media has been promoting their RuTube, an alternative to YouTube in Russia. It has gained good hype since February.
