Grow Your Business and Join MarketWorld Marketplace and Create Your Own Store front

Saturday, April 13, 2024

Grow Your Business and Join MarketWorld Marketplace and Create Your Own Store front

HomeStock MarketMicrosoft faces EU antitrust complaint about its cloud computing business By Reuters

Microsoft faces EU antitrust complaint about its cloud computing business By Reuters


© Reuters. FILE PHOTO: A Microsoft logo is seen on an office building in New York City on July 28, 2015. REUTERS/Mike Segar

PARIS (Reuters) – U.S. tech giant Microsoft (NASDAQ:) is facing an antitrust complaint filed by three European rivals in the booming cloud computing business, one the plaintiffs said on Thursday.

The complaint, filed with the European Union’s competition watchdog months ago, alleges that Microsoft’s contractual and business practices make it costly and difficult for users of its cloud computing services to opt for those of a competitor, a source close to the matter said.

French cloud computing services provider OVHcloud confirmed in a statement that it had joined the complaint against Microsoft. A spokesperson for the company declined to give the names of the two other European plaintiffs.

“Through abusing its dominant position, Microsoft undermines fair competition and limits consumer choice in the cloud computing services market,” OVHcloud said.

The Wall Street Journal was first to report the news.

The European Commission confirmed that it had received a complaint, without elaborating.

“We’re continuously evaluating how we can best support partners and make Microsoft software available to customers across all environments, including those of other cloud providers,” a spokesperson for Microsoft said in response to an e-mail seeking comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link

Bookmark (0)
ClosePlease login
RELATED ARTICLES
- Advertisment -spot_img

Most Popular

Sponsored Business

- Advertisment -spot_img