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Industry
by noel on July 28, 2006

Google will give advertising credits that are the equivalent of a $4.50 refund on every $1,000 spent in its ad network during the past 4 1/4 years.
and how about this
No one will receive cash except the lawyers, who will split $30 million.
$30 million for the lawyers and $60 million goes back to the advertisers as credits? Gee, I bet the lawyers can retire now and just live on interest on an island in the Caribbean.
As for google, $4.50 for every $1000 earnings is just cheap change. I honestly don't think it affected their bottomline that much. With Yahoo YPN still in beta and MSN's version of adsense is nowhere to be found, Google will still reap a big chunk of Online Advertising spending.
Permalink: $90mil Google settlement approved
Tags:
online+advertising
adsense
google
click+fraud
google+settlement
search
search+engine
settlement+appr
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Mr Wong
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