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Musk's $44 bn Twitter buyout faces FTC antitrust review: Report

The FTC declined comment, while Musk could not be reached for comment.

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The U.S. Federal Trade Commission (FTC) is reviewing Tesla Chief Executive Elon Musk's $44 billion takeover of Twitter Inc, Bloomberg News reported on Thursday, citing a person familiar with the deal.

The FTC declined comment, while Musk could not be reached for comment.

The agency will decide in the next month whether it will do an in-depth antitrust probe of the proposed transaction, the person told Bloomberg. Such a probe would delay the deal's closing by months.

Antitrust experts have said there is little likelihood the agency will find any evidence that Musk's purchase of Twitter is illegal under antitrust law.

The FTC is

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