close
close

Microsoft avoids EU antitrust investigation with €20m settlement – report (NASDAQ:MSFT)

David Ramos/Getty Images News

Microsoft (NASDAQ:MSFT) has reached a €20 million (~$21.7 million) settlement with cloud industry association CISPE in Europe, saving the tech giant from a hefty fine and further EU investigation, Reuters reported, citing people with knowledge of the matter.

Cloud Infrastructure Providers Europe (CISPE) accused Microsoft (MSFT) of using unfair licensing terms that restricted competition