Microsoft stock dips as FTC launches antitrust investigation

sg.news.yahoo.com November 29, 2024, 05:01 PM UTC

Microsoft's stock fell slightly after the Federal Trade Commission (FTC) announced a broad antitrust investigation into the company. The probe focuses on how Microsoft bundles its cloud services with software like Word and Outlook. Despite the investigation, some analysts believe the news is not surprising. They expect that changes in FTC leadership under President-elect Donald Trump will lessen antitrust concerns for tech companies. The current FTC Chair, Lina Khan, has been active in pursuing antitrust actions against major tech firms. However, analysts predict a shift in policy that may ease regulatory pressures on companies like Microsoft, Apple, and Alphabet.


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