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

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.

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.

With President-elect Donald Trump returning to the White House, a changing of the guard at the Federal Trade Commission (FTC), a usually uncontroversial agency, is set to take place within a handful of months.

Lina Khan has been hailed by liberal Democrats and even some Republicans ... including by curbing what he called the “regulatory onslaught” from independent agencies like the FTC. His decisive electoral victory, drawing on support from tech magnates ...

A change of leadership at the U.S. Federal Trade Commission, a central part of the Biden administration's pro-consumer agenda and a lightning rod for corporate criticism, will likely take months under the Trump administration.