Google reportedly agrees to pay at least $150 million to settle FTC probe into YouTube

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Google reportedly agrees to pay at least $150 million to settle FTC probe into YouTube
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Google has agreed to pay a fine of at least $150 million to settle a Federal Trade Commission investigation into YouTube's handling of children's data, according to multiple reports.

The fine is said to be between $150 million and $200 million, according to reports from Politico and The Wall Street Journal. The FTC has reportedly approved the settlement. Google and the FTC declined to comment for this story.The FTC was investigating the video platform's practice of collecting information on users under the age of 13, which is prohibited by the Children's Online Privacy Protection Act. Google owns YouTube.

YouTube executive on criticism: 'We're always going to err on the side of protecting children'Some have criticized the FTC's fines as being insufficient penalties for the tech companies, especially when compared with the staggering amount of money these businesses make. In the three months ending in June, Google's parent company reported revenue of $38.9 billion.

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