Microsoft Negotiates with European Cloud Providers to Avert EU Antitrust Action

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Microsoft Corp (NASDAQ:MSFT) is currently negotiating with the Cloud Infrastructure Services Providers in Europe (CISPE) to address a complaint lodged with the European Union regarding the tech giant’s cloud computing licensing practices. 

This move aims to preempt a potential in-depth EU investigation, which could result in fines and a mandate for Microsoft to alter its business operations. 

CISPE, comprising Amazon.Com Inc (NASDAQ:AMZN) and 26 smaller cloud providers across the EU, initiated the complaint in late 2022, accusing Microsoft of implementing contractual terms that …

Full story available on Benzinga.com


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