Microsoft to pay off cloud industry group to end EU antitrust complaint, Politico reports

📆 01.06.2024 06:20:00
📰 ChannelNewsAsia

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:Microsoft is close to reaching a multimillion-euro deal with an Amazon-backed cloud lobby to get it to drop an antitrust complaint with the European Commission, Politico reported on Saturday.

FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo

The pact would include a possible multimillion-euro payment to the trade association, according to the report, and separate payments could also be made to individual companies. CISPE, whose members include Amazon and 26 small EU cloud providers, filed its complaint in late 2022 alleging that Microsoft's new contractual terms imposed on Oct. 1 were harming Europe's cloud computing ecosystem.

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