Kremlin Criticizes U.S. Ban on Kaspersky Software as Unfair Competition

Date:

MOSCOW, June 21 (Reuters) – The Kremlin condemned the U.S. decision to ban sales of Kaspersky Lab’s software, calling it a typical move by Washington to stifle foreign competition with American products.

Thank you for reading this post, don't forget to subscribe!

On Thursday, the Biden administration announced a ban on the sale of antivirus software made by Russia’s Kaspersky Lab in the United States, citing the Kremlin’s influence over the company as a significant security risk.

Announcing the ban, U.S. Commerce Secretary Gina Raimondo said, “Russia has shown it has the capacity and…the intent to exploit Russian companies like Kaspersky to collect and weaponize the personal information of Americans.”

Kremlin spokesman Dmitry Peskov responded by saying Kaspersky was a “very competitive” company in international markets and that Washington’s decision was a “favourite technique of unfair competition from the United States.”

Kaspersky, which has indicated it will pursue legal options to preserve its operations, argued that the U.S. decision was not based on “a comprehensive evaluation of the integrity of Kaspersky’s products and services” and maintained that its activities do not threaten U.S. national security. The company also stated that it is privately managed and has no links to the Russian government.

By Naija247news
By Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Share post:

Subscribe

Popular

More like this
Related

Nigeria Sets Minimum Wage at $50 Per Month with Three-Year Review Cycle

After six months of intense negotiations, the federal government...

South Africa Introduces Five-Year Multiple Entry Visa for Nigerian Business Travelers

South Africa has launched a five-year multiple entry visa...

Nigeria’s Tinubu Sets New Minimum Wage at $43.015 Per Month

President Bola Tinubu has established a new minimum wage...

Nigeria targets 2.1 Million Barrels Per Day by December 2024

The federal government has set an ambitious goal to...
× How can I help you?