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TheDomains.com

Google To Pay U.S. $500 Million To Settle “illegal” Pharmacy Ads

August 24, 2011 by Michael Berkens

According to the Wall Streeet Journal, Google has agreed  to pay $500 Million dollars to the US government to avoid prosecution over allegations that it knowingly accepted hundreds of millions of dollars in ads from rogue 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.”

“The Justice Department said that the forfeiture was one of the largest ever in the U.S. and represented the gross revenue received by Google as a result of Canadian pharmacies advertising on Google, plus gross revenue made by Canadian pharmacies from their sales to U.S. consumers.”

“The Department of Justice will continue to hold accountable companies who in their bid for profits violate federal law and put at risk the health and safety of American consumers,” said James Cole, deputy attorney general. “This settlement ensures that Google will reform its improper advertising practices with regard to these pharmacies while paying one of the largest financial forfeiture penalties in history.”

“”The settlement means Google will not face further criminal prosecution for profiting from ads promoting illegal pharmacies.”

Filed Under: Publicly Traded Domain Co

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. some of my domains says

    August 24, 2011 at 12:11 pm

    just breadcrumbs for Google

  2. TheBigLie Society says

    August 24, 2011 at 12:12 pm

    “The Department of Justice will continue to hold accountable companies who in their bid for profits violate federal law and put at risk the health and safety of American consumers,” said James Cole, deputy attorney general.
    ========================

    ICANN ISOC and ARIN are Non Profits so apparently “immune” ?

    “in their bid for profits” ? so if no profit is involved one can FREEly put the “health and safety of American consumers” at risk ? – Fascinating Logic

  3. Jp says

    August 24, 2011 at 2:29 pm

    Wow straight mafia style.

    So is it official, G is immune to all as long as their green keeps up.

  4. Tool Belts, Work Gloves & Apparel says

    August 24, 2011 at 4:07 pm

    Right JP……just giving back what you made is no penalty like either you or I would have to endure if under such similar circumstances.


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