Microsoft Settles €20M Antitrust Case with CISPE, Agrees to Modify Cloud Service Contracts in Europe
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Microsoft has settled a €20M antitrust complaint with CISPE, an Amazon-backed trade association, in Europe by making changes to its cloud service contract clauses.
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The deal aims to address concerns about Microsoft tying its business software to Azure cloud services and promote fair competition in the European cloud market.
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As part of the settlement, Microsoft will reimburse CISPE for legal expenses and fair software licensing campaigns and offer an enhanced version of Azure Stack HCI for European cloud providers.
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The agreement excludes major players like AWS, Google Cloud, and Alibaba.
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Microsoft has nine months to fulfill its commitments, with the establishment of a joint ‘European Cloud Observatory’ to monitor progress.
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If Microsoft fails to meet its obligations, CISPE reserves the right to refile its complaint with the EU Commission.
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Despite ongoing legal challenges and scrutiny for its investment in OpenAI and discrimination allegations, Microsoft’s stock has gained 24% year-to-date.
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Microsoft’s resolution of the potential EU antitrust investigation highlights the importance of regulatory outcomes for the tech industry.
Summary based on9 sources