Microsoft in $22 mln deal to settle cloud complaint, ward off regulators

BRUSSELS, July 10 (Reuters) – Microsoft (MSFT.O), opens new tab has clinched a 20-million-euro ($21.7 million) deal to settle an antitrust complaint about its cloud computing licensing practices, averting an EU antitrust investigation and potential hefty fine.

Cloud services organisation CISPE, whose members include Amazon (AMZN.O), opens new tab and a score of small EU cloud providers, complained to the European Commission in late 2022 alleging that contractual terms imposed by Microsoft on Oct. 1 were harming Europe’s cloud computing ecosystem.

Source: reuters.com