Penalty for 94 trillion rubles: what Tsargrad TV’s lawsuit threatens Google

Google is ordered by a Moscow court to restore the account of the Tsargrad TV channel on YouTube, which has been blocked since the summer of 2020. If the IT giant fails to comply with the requirement, it faces a huge fine in Russia, and if it restores the account, it will violate sanctions restrictions in the U.S. jurisdiction.

By May 20, Google must comply with the ruling of the Moscow Arbitration Court and restore the account of the Tsargrad’s TV channel on the video service YouTube - or appeal. Otherwise, the Russian company Google LLC will be charged a progressive court penalty in favor of Tsargrad Media: its initial amount will be 100,000 rubles for each day of non-execution of the court decision, and the amount will be doubled every week.

According to calculations by the law firm Baker & McKenzie (available to Forbes), which represented Google in court, the amount of the penalty will reach 94 trillion rubles in seven months, an amount almost equal to the capitalization of Google’s parent company - Alphabet. What does this mean and what will Google do? 

The main consequence of this case is the formation of the practice of applying the law, which allows businessmen and companies under sanctions to transfer their legal proceedings to Russia and request Russian courts to prohibit the initiation or continuation of parallel proceedings abroad, agrees Dmitry Magonya, managing partner of ART DE LEX (participated in the process on the side of Tsargrad). 

Read the article in more detail at: https://www.forbes.ru/tehnologii/428719-shtraf-na-94-trln-rubley-chem-grozit-google-isk-cargrad-tv?fbclid=IwAR07eFzqcEIg0LpzpJvWiFa1AsIJkv8-uhgP88bnJomMWZkaF_jWKKizHwk