Russian court fines Amazon over 200 mln roubles for not having local branch -Ifax

Russian court fines Amazon over 200 mln roubles for not having local branch -Ifax
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  • Country:
  • Russia

A Russian court on Wednesday fined U.S. e-commerce giant Amazon more than 200 million roubles ($2.26 million) for not having a local branch in Russia, the Interfax news agency reported.

The fine was reported to have been calculated based on Amazon's turnover. ($1 = 88.4075 roubles)

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