Thursday, October 31, 2024 - Russia has fined Google an eye-popping 20 undecillion rubles ($2.5 decillion) for removing Russian state-run and government YouTube channels in the wake of the country’s invasion of Ukraine in 2022.
In other words, Google faces a $2.5 trillion trillion
trillion bill from the country. Typed out in full, that figure is
$2,500,000,000,000,000,000,000,000,000,000.
Russian news agency TASS reported that Google owes Russia a
36-figure sum for violating the country’s administrative offenses code by
banning YouTube channels.
The report added that if Google fails to pay the fine within
nine months, it will double every day thereafter, with no upper limit to the
final figure. Google will be locked out of Russia until it pays the fine.
Russian news outlet RBC first reported on Tuesday that a
Russian judge was considering “a case in which there are many, many zeros”
after calculating the value of claims brought by 17 YouTube channels against
the tech giant.
In its Q2 2024 report, Google acknowledged the pressures it
had faced from Russian authorities.
“For example, civil judgments that include
compounding penalties have been imposed upon us in connection with disputes
regarding the termination of accounts, including those of sanctioned parties.
We do not believe these ongoing legal matters will have a material adverse
effect,” the company said.
A private complaint was placed with authorities in 2021 when
the Tsargrad TV channel and RIA FAN were blocked from YouTube owing to U.S.
sanctions. However, it became a state matter when Google blocked the Russian
state news agencies RT and Sputnik after Russia invaded Ukraine in 2022.
Even if it were inclined to accept the dubious judgment from
Russian authorities, Google, which has a market value of $2.24 trillion, would
obviously be unable to pay even a sliver of the fine. The company generated
$73.7 billion in profit globally last year.
Based on those profits, it would take Google 33.8 quintillion
years to pay the current fine, a period that will continue to double in length
the longer the fine is unpaid.
The fine also dwarfs the entire value of the global economy,
which stands at around $105 trillion.
In a post on X, Nigel Gould-Davies, senior fellow for Russia
and Eurasia at the International Institute for Strategic Studies, described the
sum as “an insane number,” explaining it was equivalent to “1.9 x 10 to the 15
times greater than current global GDP.”
“About 5 x 10 to the 12 days have passed since the start of
the universe,” he wrote.
“So even if Google gave Russia everything the world produced
this year, every day since the universe began, it would only have paid about 3%
of this fine.”
In October 2023, Google’s Russian subsidiary was recognized
as bankrupt by a Moscow court. The company had initially filed for bankruptcy
in the summer of 2022 after Russian authorities seized its bank account,
meaning it couldn’t pay staff or vendors.
The country has put pressure on Google over what Moscow views
as illegal content. However, Russia has not yet blocked the use of Google among
its citizens.
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