The FTC voted 3-2 to approve the settlement and sent it over to the Justice Department as part of the review process, according to the report, citing a person familiar with the matter. Google was not immediately available for a Reuters request for comment. Read More...
FILE PHOTO: A Google sign is seen during the WAIC (World Artificial Intelligence Conference) in Shanghai
(Reuters) – Alphabet Inc’s Google <GOOGL.O> will pay in the range of $150 million to $200 million to settle the Federal Trade Commission’s investigation into YouTube’s alleged violation of a certain children’s privacy law, Politico reported on Friday.
The FTC voted 3-2 to approve the settlement and sent it over to the Justice Department as part of the review process, according to the report, citing a person familiar with the matter.
Details about other terms of the settlement were not immediately available, the report said.
Google was not immediately available for a Reuters request for comment.
(Reporting by Ayanti Bera in Bengaluru; Editing by Maju Samuel)
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