EUR/USD 1.03246
-0.563%
Gold 2861.61
0.211%
Oil 70.799
0.658%
USD/JPY 151.595
0.096%
GBP/USD 1.24070
-0.223%
GBP/JPY 188.086
-0.082%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Market news: U.S. automakers and charging company groups urged the Trump administration to quickly restart the $5 billion government electric vehicle charging subsidy program.The Federal Reserve accepted a total of US$95.248 billion from 33 counterparties in fixed-rate reverse repurchase operations.February 8, the Russian Ministry of Defense said on February 7 that the Russian army has taken control of the city of Dzerzhinsk in the Donetsk region (called Toretsk by the Ukrainian side). According to a report by Russian News Agency on the 7th, Dzerzhinsk is a strong defense zone of the Ukrainian army with a developed railway network. The Ukrainian army has been stationed there since 2014. Controlling the city will facilitate the Russian army to provide supplies along the Donetsk-Gorlovka-Artyomovsk section, and the Russian army can also launch an offensive towards Konstantinovka in the northwest. The Ukrainian military has not yet released news that the city has been captured by the Russian army. The Ukrainian special police brigade participating in the Toretsk defense battle said on social media on the afternoon of the 7th that the Ukrainian army dropped explosives on the Russian army concentration area in the area, causing serious losses to the Russian army.On February 8, according to the news released by the Italian National Institute of Geophysics and Volcanology on February 7, at 16:19 local time that day, a 4.8-magnitude earthquake occurred in the waters south of Alicudi Island and Filicudi Island north of Sicily, with the epicenter located in the sea and a focal depth of 17 kilometers. Afterwards, two strong aftershocks occurred in the area.The total number of natural gas drilling rigs in the United States as of the week ending February 7 was 100, compared with 98 in the previous week.

Microsoft Faces a New EU Antitrust Suit Regarding Cloud Computing Methods

Skylar Williams

Nov 09, 2022 15:57

56.png


Amazon is a member of the trade association CISPE, which on Wednesday filed a new antitrust complaint against Microsoft (NASDAQ:MSFT) over its cloud computing operations with European Union antitrust inspectors.


According to CISPE, Microsoft's newly imposed contractual terms and other actions have irreparably destroyed the European cloud computing ecosystem.


Amazon is the cloud computing industry leader, followed by Alphabet (NASDAQ:GOOGL) subsidiaries Google and Microsoft.


"By exploiting its dominance in productivity software, Microsoft restricts alternatives and inflates costs as European customers migrate to the cloud, harming Europe's digital economy," said Francisco Mingorance, secretary general of the CISPE.


In their complaint to the European Commission, CISPE said that the company uses its dominance in productivity software to direct European customers to its Azure cloud infrastructure at the cost of European rivals.


Microsoft was accused of discriminatory product bundling and linking, price discrimination, and technical and competitive customer lock-in.


Microsoft, which has been fined more than €1.6 billion ($1.6 billion) over the previous decade by the European Commission for various antitrust violations, has said in the past that it provides its software to all customers, including competitive cloud service providers.


In the last several years, cloud service providers from Germany, Italy, Denmark, and France, of whom two are members of CISPE, have raised analogous concerns with the Commission.


Microsoft amended licensing agreements and made other changes to make it easier for cloud service providers to compete starting October 1 in an attempt to satisfy EU antitrust concerns.


Rivals Excluded are cloud services from Amazon.com (NASDAQ:AMZN), Alphabet's Google, Alibaba (NYSE:BABA), and Microsoft.


The CISPE said that the EU competition authority should address the issue by applying to Microsoft the principles of fair software licensing set by the trade association the previous year.


It was said that an independent European Observatory may be created to assess the licensing terms of significant software companies.


According to CISPE, the Commission may add a language to the newly passed Digital Markets Act prohibiting cloud computing gatekeepers from preferring their own software applications.

Suggestion