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• Google Files Anti-Competitive Complaint With European Commission About Microsoft's Cloud Operations, from 18 minutes ago by MT Newswires

  18 minutes ago by MT Newswires
  Companies Mentioned: GOOGL, MSFT, GOOG
  09:59 AM EDT, 09/25/2024 (MT Newswires) -- Alphabet's (GOOG) Google unit filed a complaint Wednesday with the European Commission alleging Microsoft (MSFT) is engaged in anti-competitive practices to lock clients into using its cloud platform Azure,...

• DJ Google Files EU Antitrust Complaint Against Microsoft -- 2nd Update, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: GOOGL, MSFT, GOOG
  
  By Sam Schechner
  
  Google said it has filed a formal complaint against Microsoft with the European Union's top antitrust regulator, escalating a long-running dispute over the cloud-computing business.
  

• DJ Google Files EU Antitrust Complaint Against Microsoft -- Update, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: GOOGL, MSFT, GOOG
  By Sam Schechner Google says it has filed a formal complaint against Microsoft with the European Union's top antitrust regulator, escalating a long-running dispute over the cloud-computing business. In the complaint, the search giant accuses Microsoft of abusing its market power in enterprise software to push businesses to use its Azure cloud platform -- and keep them locked in there. The antitrust complaint is a turnaround for Google, which nearly two decades ago became a sustained target of EU antitrust action in part stemming from complaints supported by Microsoft. The two companies for a time made peace, but that accord has unraveled in recent years. This is the latest broadside. Microsoft didn't immediately respond to a request for comment. Google, owned by Alphabet, has long trailed Microsoft and Amazon.com's Amazon Web Services in the cloud business. Google executives say its complaint is important now because many companies will be moving more of their work to the cloud in the coming years. Any practical impact of Google's complaint could take years to be felt. EU competition enforcers will have to decide whether to pursue the complaint, then whether to file charges and then decide on any potential infringements, fines and remedies -- which themselves can be challenged in court. The process normally takes years. For instance, it took the EU four years before filing charges in July against Microsoft over allegations stemming from a complaint workplace-messaging app Slack filed in 2020. A decision and any possible remedies in that case are pending. Google's complaint, which the company says it filed late Tuesday, comes after Microsoft in July settled a separate complaint from a trade group representing European cloud services providers over similar issues. Under the deal, the trade group withdrew its complaint and Microsoft agreed to change some of its licensing practices while also reimbursing the group for its costs. On Wednesday, Google criticized that deal, arguing it does little to lift what it says are barriers to customer choice, which it alleged has been restricted and worsening since Microsoft made changes in 2019 to its licensing practices. Google argues that customers using Windows Server that want to switch to the cloud are unfairly penalized if they want to use competing cloud services. Google has also made similar arguments to the U.K.'s competition regulator, as part of that body's market investigation into cloud services, saying that Microsoft's restrictions keep it and others from competing for much of the enterprise cloud market. Write to Sam Schechner at Sam.Schechner@wsj.com (END) Dow Jones Newswires September 25, 2024 08:09 ET (12:09 GMT)

• DJ Google Files EU Antitrust Complaint Against Microsoft, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: GOOGL, MSFT, GOOG
  By Sam Schechner Google says it has filed a formal complaint against Microsoft with the European Union's top antitrust regulator, escalating a long-running dispute over the cloud-computing business. In the complaint, the search giant accuses Microsoft of abusing its market power in enterprise software to push businesses to use its Azure cloud platform-and keep them locked in there. The antitrust complaint is a turnaround for Google, which nearly two decades ago became a sustained target of EU antitrust action in part stemming from complaints supported by Microsoft. The two companies for a time made peace, but that accord has unraveled in recent years. This is the latest broadside. Microsoft didn't immediately respond to a request for comment. Write to Sam Schechner at Sam.Schechner@wsj.com (END) Dow Jones Newswires September 25, 2024 08:03 ET (12:03 GMT)

• Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Wednesday; Trump Media & Technology Group to Advance, Alibaba Group Holding to Decline, from 3 hours ago by MT Newswires

  3 hours ago by MT Newswires
  Companies Mentioned: MSFT, MU, NVDA, TSLA, ASTS, DJT, LUNR, BABA
  06:41 AM EDT, 09/25/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours ahead of Wednesday's opening bell. Trump Media & Technology Group (DJT) rose by 6.8% in pre-bell hours, after closing Tues...