The U.S. Federal Trade Commission is preparing to investigate Microsoft’s cloud computing business, according to multiple reports Thursday.

The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market.

The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft's cloud computing business, sources familiar with the matter told Reuters on Thursday.

The Financial Times, referencing unnamed “people with direct knowledge of the matter,” reported that the FTC is examining allegations that Microsoft is abusing its market power by imposing punitive licensing terms to prevent customers from moving their data from Azure to other platforms.

The Federal Trade Commission (FTC) is preparing to launch an investigation into Microsoft’s (MSFT) cloud business for licensing terms that are keeping customers from moving their data into other competitive platforms,

Microsoft faces FTC investigation for anti-competitive practices in cloud business. Shares briefly drop. Other Big Tech companies also facing scrutiny.

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.