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When the U.S. Federal Trade Commission announced a US$2.9 million settlement with online marketing firm ValueClick this month, it was a record monetary settlement under the 4-year-old CAN-SPAM Act.

That announcement came just days after so-called spam king Robert Soloway pleaded guilty in Seattle to a number of criminal charges. Soloway, who faced one count related to CAN-SPAM in addition to mail fraud, wire fraud and other charges, faces up to 26 years in prison.

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According to a new Symantec report [PDF link], 44 per cent of the world’s spam comes from Europe, which is up a whopping 14 per cent since November 2007. The company also claims that although North America exported 46 per cent of the world’s spam in November, it doles out just 36 per cent today.

Symantec says Europe’s growth in spam production is probably due to high-speed internet access across the continent.

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