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Google sets aside $500m for ad investigation

May 11, 2011

Google is facing a wide-ranging investigation into its online advertising system by the US justice department, which could cost the Internet giant at least $500 million.

The justice department has launched an investigation into whether Google’s lucrative advertising system unfairly treats some unnamed advertisers.

Google is facing a similar probe by the European commission, as its multibillion dollar business model comes under increased regulatory scrutiny around the world.

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