“The Federal Trade Commission on Thursday revealed that Google has agreed to pay $22.5 million to settle charges that the company misrepresented its claim that it would not place cookie tracking files on the computers of users of Apple’s Safari browser. The settlement is a win for Google. The ‘record-setting’ fine is less than Google’s average daily profit in 2011 (about $32 million). For a person making $50,000 annually, the settlement amount is roughly comparable to a $100 speeding ticket, before taxes. Better still, settlement includes no admission of guilt.” [Yet another revenue shakedown]
http://www.informationweek.com/internet/google/google-225-million-ftc-fine-has-no-teeth/240005277
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