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Google Pays $500 Million In Justice Department Settlement

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The U.S. Justice Department has announced that Google will pay $500 million to settle claims that it profited from ads for illegal online Canadian pharmacies. The settlement fee reflects the advertising revenue made from the ads, as well as gross revenue the pharmacies made from US consumers, the Washington Post has reported.

Google will not face criminal prosecution, and accepts responsibility for their actions. “We banned the advertising of prescription drugs in the U.S. by Canadian pharmacies some time ago,” an e-mailed statement from Google to the Washington Post said. “However, it’s obvious with hindsight that we shouldn’t have allowed these ads on Google in the first place. Given the extensive coverage this settlement has already received, we won’t be commenting further.”

As part of the settlement, Google will follow a “number of compliance and reporting measures” to make sure this type of thing doesn’t happen again.

Google settled with the Federal Trade Commission in March over allegations of privacy issues with the Buzz networking program, and is still under investigation by the FTC for search practices.

breakinglawsuitnews.com disclaimer: This article: Google Pays $500 Million In Justice Department Settlement was posted on Thursday, August 25th, 2011 at 7:58 pm at breakinglawsuitnews.com and is filed under Fraud Lawsuits.

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