Microsoft Must Face £1.7B Server License Abuse Class Action
By Jared Foretek
A London antitrust tribunal cleared the way for a collective action on behalf of 59,000 businesses to proceed against Microsoft for its alleged abuse of dominance in cloud computing that cost the businesses £1.7 billion ($2.3 billion) since 2018, rejecting Microsoft's bid to split the class and crediting regulators' finding that the company's practice disadvantaged competitors.
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LEGAL ETHICS & MALPRACTICE
SECURITIES & BANKING
LEGAL TECH & AI
CONTRACTS
INTELLECTUAL PROPERTY
TAX
EMPLOYMENT & BENEFITS
SURVEYS
EXPERT ANALYSIS
Lessons From ESMA's Record €1.4M Trade Repository Fine
The European Securities and Markets Authority's recent fine against REGIS-TR for data and procedure breaches under Market Infrastructure and Securities Financing Regulations demonstrates that a license confers no immunity from sanctions, and that dually registered trade repositories face a greater financial exposure in the event of noncompliance, say lawyers at White & Case.
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