Russian companies' refusal to place ads on Twitter may lead to loss of millions of dollars

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Russian companies' refusal to place ads on Twitter may lead to loss of millions of dollars - Federation Council member

MOSCOW. Nov 1 (Interfax) - The possible refusal of Russian companies to place advertisements in the Russian segment of Twitter may cost this resource millions of dollars, Oleg Morozov, the head of the working group of the Federation Council commission on the protection of state sovereignty, said after the group meeting.

"I will quote what was said behind closed doors: 'it will be sensitive to Russian [segment of] Twitter.' It's millions of dollars," Morozov told reporters.

The working group meeting addressed Twitter's ads ban on Sputnik and RT.

Members of the working group on the protection of state sovereignty recommended that Russian companies not place their advertisements on Twitter to respond to the U.S. actions on the Russian media.