this post was submitted on 31 Oct 2024
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Russia fines Google more than the world’s total GDP over YouTube bans (www.euronews.com)
submitted 1 month ago by [email protected] to c/[email protected]
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Russia fined Google $20,000,000,000,000,000,000,000,000,000,000,000 - that’s 2.5 trillion trillion trillion dollars after the US tech giant took action against Putin's propaganda.

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[–] [email protected] 2 points 1 month ago (2 children)

I mean ... I have been wanting to see megacorps hit with fines that are more than slap on the wrist / cost of doing business level of expense.

[–] [email protected] 2 points 1 month ago

enforcementtracker.com

[–] [email protected] 0 points 1 month ago

Yep, I said the same thing in the previous thread on this topic.

The concept of geometrically increasing fines to coerce compliance (and quickly!) is a good one, and western governments need to find the balls to start using that tactic for good reasons (e.g. anti-trust, consumer protection, etc.).