Russia Threatens To Hit Facebook With Its Largest Fine Yet
NDTV
Russia threatens Facebook with a massive fine for repeatedly ignoring requests to remove banned content that it deems "dangerous to citizens".
Russia on Tuesday stepped up the pressure on Facebook, threatening to hit the company with its largest fine yet for repeatedly ignoring requests to remove banned content.
The country's media regulator Roskomnadzor said that it had drawn up a new protocol to penalise the US social media giant for repeatedly failing "to remove information dangerous to citizens" on Facebook and Instagram.
It said the fine calls for a total of "5 to 10 percent" of Facebook's "annual revenue" -- though it did not specify whether it meant revenue earned in Russia or worldwide.
According to the Vedomosti business daily, Facebook earns tens of billions of rubles in Russia per year.