Britain Competition Watchdog Launches Second Probe On Google


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  • Britain's competition regulator launched its second probe into the advertising practices of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google for allegedly distorting competition and illegally favoring its services, Reuters reports.
  • The Competition and Markets Authority examined three critical parts of the ad tech stack chain, services that mediate ad tech since Google owned the largest provider in each of those components.
  • The CMA's latest probe follows its probe into Google and Facebook owner-Meta Platforms Inc (NASDAQ:FB) "Jedi Blue" agreement.
  • Britain launched a new competition regime in 2021 to prevent Google and Facebook from exploiting smaller firms.
  • Price Action: GOOG shares closed lower by 0.08% at $2,116.79 on Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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