I searched the Google Adsense TOS and found nothing, maybe one of you wisenheimers can shed some light on this issue: I have found a product which I can now sell (licensed), but it's sold by a big company at about the same price i get it at. my idea is this; sell the item $10 below that price and have adsense on the site, all the while having a disclaimer that says "We are able to offer these prices at a lost to US, because we hope to make up for the lost profits by placing ads on our site" Violation? or Not?
You are drawing attention to the ads which is a violation of the TOS. Optimize the ad placement in the page and let business take its course.