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Regulators will announce Wednesday that Google will pay $500 million to settle government charges that it has illegally shown ads for online pharmacies that operate outside the law, according to two people briefed on the investigation.
Google Inc. has reached a $500 million legal settlement with the U.S. Justice Department to avoid prosecution over allegations that it knowingly accepted hundreds of millions of dollars in ads from Canadian online pharmacies.
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 ads resulted in the unlawful importation of controlled and non-controlled prescription drugs into the United States, the Justice Department said.
Probably allows countless thousands of illegial drugs across the border, maybe cost a few people their lives
they're paying for what I interpret as being someone else's crime
On Wednesday, the government said Google was aware it was violating U.S. law since at least 2003. However, it "continued to allow Canadian pharmacy advertisers to target consumers in the U.S.," the Justice Department said.
It hasn't cost anyone any lives, where would you get such a thing from
Do No Evil
Don't Be Evil
Google Inc. has reached a $500 million legal settlement with the U.S. Justice Department to avoid prosecution.
Citizens of the USA pay the highest drug prices in the world.
From an outsider's perspective I find it interesting that the government will prosecute those advertising cheaper prices, but won't enact laws to achieve cheaper prices and are removing the mechanisms that would help those who can't afford their drug costs in the US.
Are some of you being serious cause I can't tell?
Demaestro: It isn't illegal drugs, it is reasonably priced prescription drugs.
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.JOHNROY:
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.
What Google was facilitating is as I understand illegal in the USA
If you dont like it lobby your politicians
And how do you know where or what you're buying
counterfeit drugs are a major problem are you getting the real deal or a placebo or somthing that will harm you.
From reading a write-up of the case Google refused to work with the AMA approved system for validating the prescriptions and even after being warned repeatedly