Google settles pharmacy charges for $500 million: Report
Quotes

Google settles pharmacy charges for $500 million: Report

Last Updated: Wednesday, August 24, 2011, 22:28
 
 Comment 0
 
Google settles pharmacy charges for $500 million: Report
San Francisco: Google Inc will pay USD 500 million to settle government charges that it showed ads for pharmacies that operate illegally, regulators are expected to announce on Wednesday, according to a report in the New York Times.

The investigation by the United States Department of Justice was revealed by Google in May, when the company disclosed in a regulatory filing that it had set aside USD 500 million for a potential settlement of a federal investigation into its advertising practices.

Media reports at the time said the investigation concerned ads for online pharmacies that sold counterfeit drugs or that sold drugs to buyers who didn't have prescriptions.

Google did not immediately return a request for comment.

The United States Attorney's office in Rhode Island, which has led the investigation, is expected to make the announcement at a press conference on Wednesday, according to the New York Times.

Bureau report


First Published: Wednesday, August 24, 2011, 22:12


Comments


comments powered by Disqus
Audi TT Coupé
Audi TT Coupé
Shanghai Auto Show 2015
Shanghai Auto Show 2015
PM Narendra Modi in France
PM Narendra Modi in France
PM Modi`s Make in India push in Germany
PM Modi`s Make in India push in Germany
Renault Lodgy MPV
Renault Lodgy MPV

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved