-- Google Finance, Govt, Policy and Business Issues
---- Google to Settle Pharmacy Ad Charges for $500 Million
JohnRoy - 11:10 pm on Aug 25, 2011 (gmt 0)
So, you have to wonder just how much money they made during all of this. For Google, it's the cost of doing business. They probably made a billion or two during that run.
It's clear that Google made more than 500 million in this adventure.
It isn't clear that Google earned $500M of advertiser revenue from Canadian pharmacies. It's stated that the settlement covered the ad revenue, but also the revenue earned by those pharmacies by selling drugs illegally to Americans.