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August 24, 2011 06:05 pm

Google Reaches $500 Million Settlement With Feds

bonch writes "As expected, Google will pay the government $500 million to settle a criminal probe into whether or not they profited from the display of ads from illegal online pharmacies. Google had vaguely referenced its settlement plans in a quarterly filing last May after charges that ads from rogue pharmacies were still appearing on Google despite a change in advertising policy. Drug advertising generates lucrative profits of about $1 billion, leading critics to charge that companies like Google aren't vigilant enough in policing their advertisers."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/i4hZ4IaOHPU/Google-Reaches-500-Million-Settlement-With-Feds

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