FTC Reportedly ‘Moves Ahead’ With Microsoft Antitrust Probe | Global News Avenue

this Federal Trade Commission (FTC) Through an antitrust investigation into Microsoft, it is “forwarding” (MSFT) Opens at the end date of Biden’s dosing. Bloomberg The report shows that the watchdog under Trump’s White House is continuing to suppress large-scale technologies.

according to BloombergFTC employees continue to study the Microsoft investigation based on people familiar with the matter. The report also said Lina KhanThe former FTC chairman under the Biden administration personally signed the civil investigation needs written by FTC staff and sent to the technology giant by the end of 2024.

Bloomberg Say it has looked at a copy of the demand similar to the subpoena and asked tech companies to provide data about it to institutions Artificial Intelligence (AI) According to the report, the report’s operations date back to 2016. The news agency also reported that the FTC “wanted to determine whether the profit Microsoft earns from other parts of its business gives it an advantage over other AI companies.”

Investopedia A copy of the civil investigation needs has not been independently reviewed. Microsoft and FTC did not immediately respond to requests for comment.

Republican lawyer Andrew Ferguson, nominated by U.S. President Donald Trump, replaced Khan as FTC head in January. Khan is famous for his difficulties merge and large-scale technology.

Microsoft’s stock has barely changed in its listing on Thursday, but its losses exceed It is worth 7% of its value in the past 12 months to Wednesday.