AdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTelecom App Get Realtime updatesSave your favourite articles Scan to download AppEuropean trade group CISPE denied a report on Saturday that it was nearing a settlement with Microsoft to withdraw its antitrust complaint with the European Commission about the U.S. company's cloud computing licensing practices CISPE, whose members include Amazon and 26 small EU cloud providers, filed a complaint with the European Commission in late 2022 alleging that Microsoft's new contractual terms were harming Europe's cloud computing ecosystem.Politico reported earlier that Microsoft was closing in on a multi-million euro deal with CISPE for it to drop its complaint, citing two unnamed sources. "These rumors are incorrect," said Cloud Infrastructure Services Providers in Europe, when contacted by Reuters about the Politico report. "Discussions between CISPE and Microsoft are ongoing, and while proposals have been made, no agreement has been reached. ""Any offer will need to be submitted for acceptance to the association's General Assembly, which includes 34 European cloud providers located in over 14 Member States," it added.Politico also reported that the deal had not been yet accepted by members of the CISPE.

Source: Economic Times June 01, 2024 18:39 UTC