backtop


Print 5 comment(s) - last by robertgu2k.. on May 13 at 3:07 PM


  (Source: legitscriptblog.com)
These online pharmacy ads allegedly sold expired or counterfeit drugs, and/or sold these drugs without a valid prescription

Google may be the search engine leader and a heavyweight in the mobile/electronics arena, but the tech giant has been in a sticky situation as of late with antitrust settlements. 

Only days ago, it was announced that Google had set aside $500 million USD for antitrust settlements from a pending U.S. federal antitrust inquiry. The U.S. Department of Justice is launching an investigation, and according to Google, this chunk of change for settlements dropped its first-quarter net income to $1.8 billion.

Now, reports state that Google is close to settling an investigation that the U.S. Food and Drug Administration launched against the tech leader last year. The FDA looked into whether Google knowingly accepted pharmacy ads online that break the law. According to reports, Google was making hundreds of millions of dollars from these online pharmacy ads, which allegedly sold expired or counterfeit drugs, and/or sold these drugs without a valid prescription, but it is currently unclear which, if both, are true.  

Last year, Google made changes to its online pharmacy ad policies after the FDA launched the investigation.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

Oh yes, cheaper meds...
By Noya on 5/13/2011 11:32:51 AM , Rating: 5
...are out of the question for us in the USA. The FDA is a joke. It's owned by corporations and special interests. They aren't accountable to anyone, and have effectively bypassed the legislative branch.




RE: Oh yes, cheaper meds...
By icanhascpu on 5/13/2011 11:57:00 AM , Rating: 1
The corruption of the American standards continues by your local Way-Too-Big-Corporation©®™


"I mean, if you wanna break down someone's door, why don't you start with AT&T, for God sakes? They make your amazing phone unusable as a phone!" -- Jon Stewart on Apple and the iPhone














botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki