Europe is Fucked
Out of context: Reply #85
- Started
- Last post
- 161 Responses
- api0
Report: Microsoft nears agreement in cloud dispute with rivals
According to a media report, US software giant Microsoft is on the verge of reaching an agreement with rivals from the industry in the dispute over its cloud computing practices. The aim is to ensure that the competition drops its EU antitrust complaint, the Politico platform reported today, citing insiders.
The plan includes a possible payment of several million euros to the industry association Cloud Infrastructure Services Providers (CISPE) and possibly also separate payments to individual companies, according to the report. If an agreement is reached, the rivals would also reportedly agree not to file similar lawsuits against Microsoft anywhere else in the world. However, CISPE has not yet agreed to the idea.
Accusation of unfair practicesThe industry association, which includes Amazon and 26 small cloud providers in the EU, has accused Microsoft of unfair practices. The US company was said to be exploiting its dominance in the area of productivity software, restricting choice and driving up costs when European customers wanted to switch to the cloud.