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German competition watchdog vows closer eye on Microsoft

Economic TimesEconomic Times · 2m
German competition watchdog vows closer eye on Microsoft

- Germany's competition watchdog has classified Microsoft as a company with paramount cross-market significance for competition. - Microsoft's products are widely used and essential in companies, public authorities, and private households. - The Bundeskartellamt's classification means that Microsoft will face stronger supervision and potential bans on anti-competitive practices. - The new powers also apply to Apple, Google, and Meta, putting them under the same scrutiny. - Microsoft recognizes its responsibility to support a healthy competitive environment and pledges to work proactively and collaboratively with the Bundeskartellamt. - In June, the European Commission charged Microsoft with antitrust violations related to its integration of Teams with its Office product.

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