{"id":31307,"date":"2023-07-04T13:24:59","date_gmt":"2023-07-04T17:24:59","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/exclusive-microsoft-faces-eu-antitrust-probe-after-remedies-fall-short-sources-say\/"},"modified":"2023-07-04T13:25:01","modified_gmt":"2023-07-04T17:25:01","slug":"exclusive-microsoft-faces-eu-antitrust-probe-after-remedies-fall-short-sources-say","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=31307","title":{"rendered":"Exclusive-Microsoft faces EU antitrust probe after remedies fall short, sources say"},"content":{"rendered":"
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\u00a9 Reuters. FILE PHOTO: Logo of Microsoft is pictured on its office building in Beijing, China May 25, 2023. REUTERS\/Tingshu Wang\/File Photo\/File Photo<\/span>
\n<\/i>\n<\/div>\n

By Foo Yun Chee<\/p>\n

BRUSSELS (Reuters) -Microsoft is likely to face a European Union antitrust investigation in the coming months after remedy discussions with the EU watchdog to avert such a move appear to have hit a roadblock, people familiar with the matter said.<\/p>\n

Microsoft (NASDAQ:), which has been fined 2.2 billion euros ($2.4 billion) in the previous decade for practices in breach of EU competition rules, including tying or bundling two or more products together, found itself in the EU crosshairs after a complaint by Salesforce-owned workspace messaging app Slack in 2020.<\/p>\n

Microsoft added Teams to Office 365 in 2017 for free, with the app eventually replacing Skype for Business.<\/p>\n

Slack alleged that its rival had unfairly integrated workplace chat and video app Teams into its Office product. The company did not respond to a request for comment on Monday.<\/p>\n

Microsoft kicked off talks with the European Commission last year in a bid to stave off an investigation. It recently offered to cut the price of its Office product without its Teams app.<\/p>\n

The European Commission, which hopes a price differential between Office with Teams and Office without the app will ensure a level playing field with rivals and give consumers more choice, has been seeking a deeper price cut than that offered by the U.S. software giant, the people said.<\/p>\n

The EU executive declined to comment.<\/p>\n

A Microsoft spokesperson said: “We continue to engage cooperatively with the Commission in its investigation and are open to pragmatic solutions that address its concerns and serve customers well.”<\/p>\n

The company, which risks a fine up to 10% of its global turnover if eventually found in breach of EU antitrust rules, could still improve its remedy before the watchdog kicks off an investigation.<\/p>\n

($1 = 0.9147 euros)<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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