Microsoft Faces Scrutiny Over Cloud Practices As Spanish Startup Association Files Complaint: 'All Companies Should Be Able To Compete...'
Portfolio Pulse from Benzinga Neuro
Microsoft Corporation (NASDAQ:MSFT) is facing scrutiny from a Spanish startup group, which has filed a complaint with the Spanish antitrust regulator over Microsoft's cloud practices. The complaint alleges Microsoft uses its dominant position to force Azure cloud adoption, setting up barriers that limit startups' ability to compete. This comes amid broader investigations into Microsoft's practices by EU and UK regulators, and follows a similar complaint by CISPE, which includes Amazon.com, against Microsoft.
May 07, 2024 | 1:01 pm
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Microsoft is scrutinized by a Spanish startup association for its cloud practices, alleging anti-competitive behavior. This adds to ongoing EU and UK investigations into Microsoft's market dominance.
The complaint by the Spanish Startup Association, combined with ongoing investigations by the EU and UK, increases regulatory pressure on Microsoft, potentially affecting its cloud business operations and market perception negatively in the short term. Such scrutiny could lead to regulatory actions, impacting Microsoft's ability to operate freely in the cloud market, thus potentially affecting its stock price negatively.
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