Economy/Business News Alert: Google to pay $500 million to settle charges that it posted ads for illegal pharmacies

---------------------------------------- Economy/Business News Alert: Google to pay $500 million to settle charges that it posted ads for illegal pharmacies August 24, 2011 11:48:17 AM ---------------------------------------- Google has agreed to pay $500 million to settle charges that it posted ads for illegal pharmacies, in one of the largest forfeitures ever paid in the U.S., the Justice Department announced Wednesday. The fee reflects the revenue Google generated from the advertising revenue made through Canadian pharmacies, plus the gross revenue the pharmacies made from sales to U.S. consumers. http://link.email.washingtonpost.com/r/SFBD1U/404EAJ/7XFRC5/7UP4C3/I723L/KI/h For more information, visit PostBusiness.com ---------------------------------------- Get a unique daily review and analysis of the debt, deficit and economy debate. Sign up for Behind the Government Showdown: http://www.washingtonpost.com/ac2/wp-dyn?node=admin/email/express&action=subscribe&newsletter_code=GVTSHTDN ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071