AOL TO PAY $5M FINE FOR ADS TAR­GET­ING CHIL­DREN

USA TODAY International Edition - - MONEY -

AOL will pay New York a nearly $5 mil­lion fine af­ter the state ac­cused the on­line com­pany of sell­ing ads that tar­geted chil­dren, the state At­tor­ney Gen­eral’s Of­fice said Tues­day. AOL’s par­ent com­pany, Oath, Inc. agreed to pay the set­tle­ment af­ter vi­o­lat­ing the fed­eral Chil­dren’s On­line Pri­vacy Pro­tec­tion Act. At­tor­ney Gen­eral Barbara Un­der­wood said the $4.95 mil­lion fine is the largest is­sued since the law was en­acted in 1998. The in­ves­ti­ga­tion found AOL con­ducted bil­lions of auc­tions for ad space on hun­dreds of web­sites that were di­rected at chil­dren un­der the age of 13.

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