Russian authorities fine Google for eToro ad
The Russian Federal Antimonopoly Service (FAS) imposed a fine of RUB 200,000 on Google LLC for disseminating eToro ads.
The Russian Federal Antimonopoly Service (FAS) imposed a fine of RUB 200,000 on Google LLC for disseminating eToro ads.
The FAS fine stems from Google’s dissemination of ads of the investment services of Rypex trading limited.
FAS says Google LLC violated Russian advertising laws by distributing ads of unuathorized FX broker LegacyFX.
Russia’s FAS accuses Google of law violation due to the distribution of ads of unlicensed broker Rypex trading limited.
Russia’s antimonopoly authorities have detected ads of foreign FX brokers distributed in Russia via Google Adwords.