Microsoft Hit With £270M Lawsuit By Software Reseller
Law360, London (April 8, 2021, 11:44 AM BST) -- Microsoft is facing a £270 million ($370 million) High Court claim in London over allegations that the U.S. tech giant breached European Union competition law by suppressing a secondhand market for its software licenses.
The antitrust suit filed against Microsoft at the High Court by the British company alleges that hundreds of millions of pounds in revenue was lost. (AP Photo/Jeff Chiu)
The antitrust suit filed by ValueLicensing is alleging that the company lost hundreds of millions of pounds in revenue because, it claims, Microsoft Corp. dominates the software world and prevents businesses from reselling the programs they bought.
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!