Microsoft's (NASDAQ:MSFT) cloud computing business is likely to be investigated by the U.S. Federal Trade Commission for anti-competitive practices, the Financial Times reported. Shares of the tech giant rose 0.

Microsoft faces FTC investigation for anti-competitive practices in cloud business. Shares briefly drop. Other Big Tech companies also facing scrutiny.

The US Federal Trade Commission (FTC) is launching an investigation into Microsoft's cloud computing practices. The probe will focus on allegations that Microsoft used unfair licensing terms and tactics to prevent customers from switching to competing cloud services,

The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft's cloud computing business, sources familiar with the matter told Reuters on Thursday.

The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft's cloud computing business, the Financial Times reported on Thursday, citing people with direct knowledge of the matter.

The Federal Trade Commission, led by Lina Khan, had previously sought public feedback on Microsoft's cloud computing business.