The FTC chaiar launches an eleventh-hour antitrust probe into Microsoft.

The move by Khan, who has less than two months remaining in office before the Trump administration takes over, is one last attempt to rein in Big Tech.

Multinationals often opposed Biden’s aggressive stand on antitrust. Trump’s industrial policy by temper tantrum gives corporations what they really hate—instability.

Microsoft is confronting a federal investigation that could reshape the technology industry's competitive landscape, with regulators examining the company's potentially anticompetitive practices in cloud computing and artificial intelligence markets.

The probe was approved by FTC Chair Lina Khan ahead of her likely departure in January. The election of Donald Trump as U.S. president and the expectation he will appoint a fellow Republican with a softer approach toward business, leaves the outcome of the investigation up in the air.

Microsoft stock was lagging behind its tech peers on Friday as investors reacted to news the company is facing a broad inquiry from the FTC.

News of an investigation by the Federal Trade Commission into Microsoft (NASDAQ:MSFT) is "not a worry" with Chairwoman Lina Khan likely to depart with the arrival of the Trump administration, Wedbush Securities said on Friday.

Lina Khan departs in January 2025, which begs the question as to whether or not anything will come of this latest FTC vs. Microsoft scuffle.