US tech giant Facebook could be handed steep financial penalties amounting to ten percent of its national revenue after Russian officials revealed they are drafting up protocols against the company for alleged breaches of the law.
On Thursday, the country’s digital watchdog, Roskomnadzor, told Moscow daily Vedomosti that it was preparing the charges ahead of a showdown meeting with the California-based firm next month. Following that, a court will determine the size of any financial restitution to be paid. Officials say that, given it would be a repeat offense, a fine “could range between 5-10% of the annual turnover of the internet company.”
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