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Microsoft cloud computing changes to allay EU antitrust concerns effective Oct. 1

By Foo Yun Chee BRUSSELS (Reuters) - Amended licensing deals and other changes making it easier for cloud service providers to compete will take effect on Oct. 1, Microsoft Corp ...
Microsoft cloud computing changes to allay EU antitrust concerns effective Oct. 1 © Reuters. FILE PHOTO: A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson

By Foo Yun Chee

BRUSSELS (Reuters) - Amended licensing deals and other changes making it easier for cloud service providers to compete will take effect on Oct. 1, Microsoft Corp (NASDAQ:MSFT) said on Monday, a move triggered by complaints about the U.S. software company to EU antitrust regulators.

Microsoft President Brad Smith had announced the changes in May but did not say when they would be effective.

The company, which has been fined 1.6 billion euros ($1.6 billion) by the European Commission in the previous decade for various infringements, found itself once again in the EU's crosshairs following complaints by cloud service providers in Germany, Italy, Denmark and France.

"On October 1, 2022, Microsoft will implement significant upgrades to our outsourcing and hosting terms that will benefit customers worldwide," the company said in a blogpost.

The revised licensing deals mean customers can use their licenses on any European cloud provider delivering services to their own data centers.

Rivals Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL)'s Google, Alibaba (NYSE:BABA) and Microsoft's own cloud services will be excluded from the deals.

Customers also will be allowed to buy licenses just for the virtual environment without the need to buy the physical hardware.

The EU competition watchdog has yet to comment on Microsoft's proposals.

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

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Neutral

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

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EUR/CHF

0.9808

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Gold Futures

2,295.80

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Silver Futures

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Copper Futures

4.5305

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85.62

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US Coffee C Futures

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Euro Stoxx 50

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DAX

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Adidas AG

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6.714

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175.90

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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(0/ 0) # 386
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