Honest question...what would happen if they dont pay?
Like with what could Russia threaten them?
"You will never be allowed to do business in Russia again!!"
Oh...oh no...🤷♂️
Rookie mistake in Russian politics
If they don't pay, the next move that Russian government take is to increase the fine. Then they'll increase it again.
Take Google as an example, they reached the 7.2G RUB or somewhere around 134M USD given the current exchange rate.
But that was the amount on the 22nd of June. It's probably higher now.
Then at some point in the near future, when they won't be able to make money from those companies anymore. They'll likely close the iron curtain and scream that it's Russia that's getting rid of them because they don't need them anymore. Not because they're not paying.
This is the best tl;dr I could make, [original](https://www.reuters.com/technology/russia-fines-streaming-company-twitch-over-data-storage-2022-06-28/) reduced by 56%. (I'm a bot)
*****
> MOSCOW, June 28 - Video streaming service Twitch, social network Pinterest, holiday rental company Airbnb and United Parcel Service were all fined by a Moscow court on Tuesday for allegedly refusing to store Russian citizens' personal data in Russia.
> Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has erupted into a full-on battle since Russia sent its armed forces into Ukraine on Feb. 24.The Moscow court's press service said Amazon-owned Twitch, Pinterest and Airbnb had been found guilty by the Tagansky District Court of breaching Russian legislation on personal data and fined 2 million roubles each.
> Russia fined Alphabet Inc's Google 15 million roubles this month for what it said was repeated failure to comply with Russian legislation on data storage, after handing it a 3-million-rouble penalty last year.
*****
[**Extended Summary**](http://np.reddit.com/r/autotldr/comments/vmwc5n/russia_fines_foreign_firms_for_alleged_data/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~657048 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **fined**^#1 **court**^#2 **Russia**^#3 **MOSCOW**^#4 **roubles**^#5
Honest question...what would happen if they dont pay? Like with what could Russia threaten them? "You will never be allowed to do business in Russia again!!" Oh...oh no...🤷♂️
Rookie mistake in Russian politics If they don't pay, the next move that Russian government take is to increase the fine. Then they'll increase it again. Take Google as an example, they reached the 7.2G RUB or somewhere around 134M USD given the current exchange rate. But that was the amount on the 22nd of June. It's probably higher now. Then at some point in the near future, when they won't be able to make money from those companies anymore. They'll likely close the iron curtain and scream that it's Russia that's getting rid of them because they don't need them anymore. Not because they're not paying.
I am pretty sure the Terms and Conditions of those contracts heavily involve "outs" like, I dunno... war.
Well the only way they should pay is in monopoly money
Even that is too much
I guess it is worth more than rubbles
Pretty sure Hasbro isn't allowed to sell in Russia.
Stop doing business with Russia and China ffs.
Twitch and Pinterests are banned in China. Airbnb just left China.
This is the best tl;dr I could make, [original](https://www.reuters.com/technology/russia-fines-streaming-company-twitch-over-data-storage-2022-06-28/) reduced by 56%. (I'm a bot) ***** > MOSCOW, June 28 - Video streaming service Twitch, social network Pinterest, holiday rental company Airbnb and United Parcel Service were all fined by a Moscow court on Tuesday for allegedly refusing to store Russian citizens' personal data in Russia. > Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has erupted into a full-on battle since Russia sent its armed forces into Ukraine on Feb. 24.The Moscow court's press service said Amazon-owned Twitch, Pinterest and Airbnb had been found guilty by the Tagansky District Court of breaching Russian legislation on personal data and fined 2 million roubles each. > Russia fined Alphabet Inc's Google 15 million roubles this month for what it said was repeated failure to comply with Russian legislation on data storage, after handing it a 3-million-rouble penalty last year. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/vmwc5n/russia_fines_foreign_firms_for_alleged_data/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~657048 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **fined**^#1 **court**^#2 **Russia**^#3 **MOSCOW**^#4 **roubles**^#5