Amazon.com, Inc AMZN was fined by a court Russia for its failure to remove banned content on Tuesday.
What happened: A Moscow court imposed a fine jeff bezos-Founded a 4 million ruble ($65,000) conglomerate for failing to remove content related to drug use and suicide, without going into specifics, reported Reuters.
Amazon reportedly received multiple penalties from the Tagansky District Court, which fined the company in two separate cases and also fined the company 8 million rubles ($130,000). Pull out Streaming service for failing to remove prohibited content.
Amazon did not immediately respond to Benzinga’s request for comment on the development.
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Why it matters: Earlier this month, Twitch was fined 4 million rubles refuse to remove an interview with a Ukrainian politician, while TikTok was banned in Russia after it refused to remove LGBT content.
Wladimir PutinRussian-led Russia has in the past fined foreign tech companies as part of a Kremlin campaign to limit their influence, Reuters noted.
In March, Russia filed a criminal complaint against him Mark Zuckerberg-LED Metaplatforms Inc META – the parent of Facebook and Instagram — to designate the company as “extremist organization”.
Price promotion: On Tuesday, Amazon shares closed up 2.26% in the regular session at $116.36 and was up 1.5% in after-hours trade at $118.10 Data from Benzinga Pro.
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