• jockets@feddit.org
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    2 hours ago

    To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow

    Yeah, uhm… let’s get into a 1000x more severe depression than 1929 to get the money printed, eh?

  • grue@lemmy.world
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    7 hours ago

    On one hand, fuck Russia.

    On the other hand…

    The court imposed a fine of 100 thousand rubles ($1,025) per day, with the total fine doubling every week.

    …I really wish western governments had the balls to impose fines like this on tech companies when they engage in actual fuckery.

    • jmcs@discuss.tchncs.de
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      6 hours ago

      Fines need to be payable, otherwise they are a joke. A large chunk of global revenue GDPR-style is reasonable because it really hurts the profits but it’s still small enough that the company can pay it, and it will incentivize the company to change their practices. If the company (or anyone) gets a fine they can’t pay they will just ignore it, so it only makes sense if you want to kick out the company out of your country, in which case you should skip the extra steps.

    • Cethin@lemmy.zip
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      4 hours ago

      First sentence of the article: A Russian court has ruled that Google owes Russian media stations around $20 decillion in fines for blocking their content, and the fines could get bigger.