Google Gets B-Slapped By The US Government To The Tune Of $500 Million
This has to do with Google collecting advertising fees from online pharmacies that were acting outside of the law, which led to a DOJ investigation.
"According to Deputy Attorney General James M. Cole; Peter F. Neronha, U.S. Attorney for the District of Rhode Island; and Kathleen Martin-Weis, Acting Director of the U.S. Food and Drug Administration's Office of Criminal Investigations (FDA/OCI), this forfeiture is one of the largest ever in the United States, and represents "the gross revenue received by Google as a result of Canadian pharmacies advertising through Google's AdWords program, 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 Deputy Attorney General Cole. "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."
U.S. Attorney Neronha, added that this settlement was about taking a significant step forward in limiting the ability of rogue on-line pharmacies from reaching U.S. consumers, by compelling Google to change its behavior," and that this kind of forfeiture "will not only get Google's attention, but the attention of all those who contribute to America's pill problem."
Here is the link to the entire article:
Google to Settle with U.S. Government for $500 Million | TechCrunch
I wonder if this is going to make Google tougher on it's advertisers? Let's discuss.
RoD
"According to Deputy Attorney General James M. Cole; Peter F. Neronha, U.S. Attorney for the District of Rhode Island; and Kathleen Martin-Weis, Acting Director of the U.S. Food and Drug Administration's Office of Criminal Investigations (FDA/OCI), this forfeiture is one of the largest ever in the United States, and represents "the gross revenue received by Google as a result of Canadian pharmacies advertising through Google's AdWords program, 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 Deputy Attorney General Cole. "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."
U.S. Attorney Neronha, added that this settlement was about taking a significant step forward in limiting the ability of rogue on-line pharmacies from reaching U.S. consumers, by compelling Google to change its behavior," and that this kind of forfeiture "will not only get Google's attention, but the attention of all those who contribute to America's pill problem."
Here is the link to the entire article:
Google to Settle with U.S. Government for $500 Million | TechCrunch
I wonder if this is going to make Google tougher on it's advertisers? Let's discuss.
RoD
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Tim Pears