The agency, led by anti-Amazon FTC Chair Lina Khan, is looking into claims that the company is abusing its large market share, according to a report.
The Federal Trade Commission is readying an investigation into Microsoft ’s cloud-computing business as its full-throttle approach to antitrust continues in the final weeks of the Biden administration, according to a report.
Microsoft has allegedly been hiking subscription fees for those that are leaving the platform, charging sky-high exit fees and making its Office 365 products incompatible with other cloud services, the report said. Getty Images for Fast Company . The commission has fought to block Microsoft’s $69 billion deal with video game maker Activision Blizzard and grocery storeRepublicans have taken issue with Khan’s aggressive approach on top Silicon Valley companies. President-elect Donald Trump has vowed to curb the “regulatory onslaught” from government agencies like the FTC.
Cloud services has grown into an incredibly lucrative business for tech companies. Spending on cloud services reached $561 billion in 2023 and is expected to top $675 billion this year – with 20% growth in the sector thanks to generative AI expansion,
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