Google will pay $22.5 million to settle FTC privacy breach case

Google FTC Settlement

In line with reports from earlier this month, Google (GOOG) has agreed to pay $22.5 million to settle a case with the Federal Trade Commission. Reuters reports that the FTC has voted to approve the settlement, and Google will not have to admit any wrongdoing according to the terms of the agreement. The FTC launched an investigation earlier this year surrounding accusations that Google was violating Internet safeguards by circumventing privacy settings in Apple’s (AAPL) Safari Web browser in order to serve targeted ads. Google was allegedly bypassing the privacy settings of millions of Safari users by using a special code to install cookies on users’ computers even when such actions were supposed to be blocked by the browser.

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