Trump’s FTC moves ahead with broad antitrust probe | Business

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Trump’s FTC moves ahead with broad antitrust probe – Business News

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The Federal Trade Commission is shifting ahead with a broad antitrust probe of Microsoft that was opened within the waning days of the Biden administration, Bloomberg News reported Wednesday citing people acquainted with the matter.

The FTC workers have within the current weeks been assembly corporations and different teams to assemble data, the report stated. Microsoft and the FTC didn’t instantly reply to a Reuters request for remark.

The FTC had final yr opened a sweeping antitrust investigation into Microsoft, together with into its software program licensing and cloud computing companies, Reuters had reported in November.

The Federal Trade Commission is reportedly shifting ahead with a broad antitrust probe of Microsoft that was opened within the waning days of the Biden administration. Getty Images

The investigation was accredited by then FTC chair Lina Khan ahead of her departure. Andrew Ferguson grew to become the new chair when President Donald Trump took workplace in January.

The FTC is inspecting allegations that Microsoft is doubtlessly abusing its market energy in productiveness software program, akin to by imposing punitive licensing phrases to stop prospects from shifting from its Azure cloud service to rival platforms.

The company has requested Microsoft particulars about its knowledge facilities, its struggles to seek out enough computing energy to satisfy buyer demand and details about licensing rule modifications anticipated later this yr, the Bloomberg report stated.

Microsoft’s determination to cut funding on its own artificial intelligence tasks after placing a deal with OpenAI, can be below scrutiny, the report stated.

It has additionally been wanting into Microsoft’s practices associated to cybersecurity and artificial intelligence merchandise.

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Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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