'Microsoft signs antitrust truce with OVHcloud' - POLITICO
Portfolio Pulse from Benzinga Newsdesk
Microsoft has reached an antitrust agreement with OVHcloud, a French cloud services provider. This truce aims to address competition concerns and improve Microsoft's cloud practices in Europe.
July 18, 2024 | 4:22 pm
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Microsoft has signed an antitrust agreement with OVHcloud to address competition concerns and improve its cloud practices in Europe. This move could enhance Microsoft's regulatory standing and potentially expand its market share in the European cloud market.
The antitrust agreement with OVHcloud is a significant regulatory move for Microsoft, potentially easing competition concerns and improving its market position in Europe. This could lead to a positive short-term impact on Microsoft's stock price.
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