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August 24, 2011 06:59 pm GMT

Google to Settle with U.S. Government for $500 Million

googlelogoToday, regulators will announce a $500 million settlement with Google over charges related to advertisements for illegal online pharmacies. The pharmacies appearing in Google ads were operating outside the law, leading to a Department of Justice investigation into Google's advertising practices - an investigation which decreased Google's profits by 22%, reports the The New York Times.

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