backtop


Print


  (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.





"Let's face it, we're not changing the world. We're building a product that helps people buy more crap - and watch porn." -- Seagate CEO Bill Watkins






Most Popular ArticlesHP 280 G2 MT Desktop PC
July 16, 2017, 6:47 AM
LG Aristo – Smart and Innovative
July 17, 2017, 7:05 AM
Dell XPS 27 – Large Screen PC AlO with High-End Performance
July 10, 2017, 7:22 AM
Comparison: Rock64 vs Raspberry Pi 3
July 11, 2017, 6:53 AM
HTC U11 Amazon Alexa App.
July 17, 2017, 6:00 AM

Latest Blog Posts






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki