Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Tax Deductions Might Go Up. Would You Benefit?

May 31, 2025

HeLa Labs Partners with NoNoCoin to Streamline Crypto Accessibility Through Telegram

May 31, 2025

Is Bitcoin the new ‘Big Tech’ stock?

May 31, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Saturday, May 31
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Stock Market»Factbox-US regulator opens wide-ranging antitrust probe into Microsoft By Reuters
Stock Market

Factbox-US regulator opens wide-ranging antitrust probe into Microsoft By Reuters

November 29, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

(Reuters) – The U.S. Federal Trade Commission has initiated a comprehensive antitrust investigation into Microsoft (NASDAQ:), according to a source familiar with the matter on Wednesday. This move marks the latest scrutiny faced by Big Tech companies from regulators.

The FTC’s investigation will focus on Microsoft’s software licensing, cloud computing businesses, and practices related to cybersecurity and artificial intelligence products, as stated by the source.

Key cases against other Big Tech companies include:

MICROSOFT

Before her expected departure in January, FTC Chair Lina Khan approved the antitrust probe into Microsoft, anticipating a more lenient approach under incoming President Donald Trump. The investigation will also delve into allegations of Microsoft potentially abusing its market power in productivity software by imposing restrictive licensing terms to hinder customers from migrating their data from its Azure cloud service to other competing platforms.

ALPHABET

In the case of Alphabet (NASDAQ:) Google’s search, prosecutors argue that the company violated the law with an illegal monopoly on online search. They suggest remedies such as selling its Chrome browser, sharing data and search results, and potentially divesting Android. Google will have an opportunity in December to propose its own solutions before a trial on appropriate remedies.

APPLE

In March, the U.S. Department of Justice and 16 states sued Apple (NASDAQ:) for allegedly monopolizing the smartphone market, harming smaller competitors, and inflating prices. Additionally, Apple faces regulatory scrutiny in Europe and is set to be fined for breaching the EU’s tech rules.

META PLATFORMS

Meta was instructed by Europe’s Court of Justice to limit the use of personal data acquired from Facebook (NASDAQ:) for targeted advertising. The company has faced legal challenges on various fronts, including fines for data handling and accusations of fueling a youth mental health crisis through its platforms.

AMAZON.COM

The FTC filed an antitrust lawsuit against Amazon.com (NASDAQ:) in September, alleging consumer harm through higher prices. Despite some claims being dismissed, the case continues to pursue remaining allegations.

© Reuters. FILE PHOTO: Microsoft logo is seen at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo

The FTC has also taken legal action against Amazon, including a case accusing the e-commerce giant of misleading consumers into purchasing Prime services subscriptions.

($1 = 0.9469 euros)

antitrust FactboxUS Microsoft Opens probe regulator Reuters wideranging
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Meta, Microsoft results show AI boom is far from over

May 5, 2025

Alphabet boosts dividend and plans new share buyback, reassuring investors amid antitrust, AI worries

May 3, 2025

Compass files an antitrust suit against NWMLS over its CCP

April 26, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

India’s parliament suspended temporarily after row over allegations against Adani group By Reuters

December 7, 20240 Views

Your crypto transactions may soon show up on an IRS 1099 form. Here’s who’s impacted

July 12, 20240 Views

Wall Street ends higher as softer producer prices data boosts rate-cut bets By Reuters

August 13, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Personal Finance

Tax Deductions Might Go Up. Would You Benefit?

May 31, 20250
Crypto

HeLa Labs Partners with NoNoCoin to Streamline Crypto Accessibility Through Telegram

May 31, 20250
Investment

Is Bitcoin the new ‘Big Tech’ stock?

May 31, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.