MOSCOW, February 19 (RAPSI) – The Moscow department of the Federal Antimonopoly Service (FAS) has fined Google and Mail.ru for violating Russian advertisement legislation.

Google was fined with 150,000 rubles ($1,973) while Mail.ru was fined with 100,000 rubles ($1,315).

Abovementioned online companies have violated Russian legislation by distributing “Ruscredit” bank’s advertisement in Google AdWords and myTarget systems because during the period when advertisement was active Ruscredit had no official banking license.