investigates

Britain's competition regulator on Thursday launched its second probe into the advertising practices of Google, saying the Alphabet-owned search giant could be distorting competition and may have illegally favoured its own services.The Competition and Markets Authority's (CMA) latest probe follows its into Google and Facebook owner-Meta's "Jedi Blue" agreement earlier this year.The CMA said on Thursday it was examining three key parts of the ad tech stack chain, services that mediate ad tech, since Google owned the…

The Senate Finance Committee on Wednesday opened an investigation into Abbott Labs, the company at the center of a baby formula shortage in the U.S.Committee Chairman Sen. Ron Wyden, D-Ore., sent a letter to CEO Robert Ford requesting information on Abbott's international tax practices and $8 billion in stock buybacks the company has authorized since 2019.Wyden also requested information on how much money Abbott spent to upgrade an infant formula plant in Sturgis, Mich. prior to its closure due to bacterial contamination…