The Clap
Microsoft’s (NASDAQ: MSFT) cloud business is coming under fire by European antitrust regulators after several companies filed complaints against the tech giant.
The deets
“Microsoft may be using its potentially dominant position in certain software markets to foreclose competition regarding certain cloud computing services,” according to Reuters.
Regulators asked if Microsoft’s licensing deals with cloud service providers allow rivals to compete effectively.
You should know
The crackdown could eventually lead to a formal investigation. The European Commission already fined Microsoft a total of $1.8 billion throughout the past decade for not complying with its order to stop anti-competitive practices.
