Microsoft will reportedly pay a hefty sum to the cloud industry group to resolve the EU antitrust complaint, as per Politico's report.

Reported 6 months ago

The European trade group CISPE denied reports of nearing a settlement with Microsoft to withdraw its antitrust complaint with the European Commission regarding the U.S. company's cloud computing licensing practices. CISPE clarified that discussions are ongoing, no agreement has been reached yet, and any offer would need approval from its members. The potential deal, as reported by Politico, has not been accepted by CISPE members, and separate payments to individual companies may be involved. Microsoft, Amazon, and the European Commission did not immediately comment on the report. This resolution could help Microsoft avoid a lengthy EU investigation and potential fines.

Source: YAHOO

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