Microsoft Corp MSFT:NASDAQ

Microsoft (MSFT) will revamp licensing deals to boost competition among providers of cloud services, Reuters reported Wednesday, citing the company's President Brad Smith.

The move comes as the tech giant is being probed by the European Union's antitrust regulator after complaints regarding its practices in the cloud space by Germany's NextCloud, France's OVHcloud, Italy's Aruba and a Danish association of cloud companies.

Reuters quoted Smith as saying in Brussels at conference hosted by think tank Bruegel that Microsoft is taking steps to address the issue. Among other measures, the company will allow cloud providers to offer Windows and Office directly as part of the packages they sell and host.

The changes will also allow customers to use their licenses on any European cloud provider delivering services to their datacenters, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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