05:16 AM EST, 11/29/2024 (MT Newswires) -- (Updates with the FTC's response in the fifth paragraph.)

Microsoft ( MSFT ) is the target of an antitrust investigation by the US Federal Trade Commission that will review its cloud computing, software licensing, cybersecurity offerings, and artificial intelligence products, Bloomberg reported Wednesday, citing people familiar with the matter.

The FTC has issued a detailed request for information from Microsoft ( MSFT ) after conducting informal interviews with competitors and business partners for over a year, the people reportedly said.

The demand was sent to the company after approval from FTC Chair Lina Khan, according to the sources.

Antitrust lawyers plan to meet with Microsoft's ( MSFT ) competitors next week to gather further details, the report added.

The FTC said it has no comment, while Microsoft ( MSFT ) did not respond to MT Newswires' request for comment.

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