FTC keeping antitrust probe of Microsoft begun under Biden, Bloomberg reports

The Federal Trade Commission under the new administration’s leadership is moving ahead with an antitrust probe of Microsoft (MSFT) that was opened in the waning days of the Biden administration, Bloomberg’s Leah Nylen, Josh Sisco, and Dina Bass report. The agency is scrutinizing Microsoft’s decision to slash funding on its own artificial intelligence projects after striking a deal with OpenAI, the authors note. FTC staff in recent weeks have met with companies and other groups to gather information, the authors say, citing people familiar with the matter.