Search This Blog

Friday, April 22, 2016

Microsoft and Google agree to stop complaining to regulators about each other

By Ina Fried April 22, 2016

Microsoft and Google say they have recently reached an agreement under which they will drop pending regulatory complaints against one another across the globe. The pair have also agreed that they will try to work among themselves to settle any future issues before running to regulators. “Microsoft has agreed to withdraw its regulatory complaints against Google, reflecting our changing legal priorities,” a Microsoft representative said in a statement to Re/code. “We will continue to focus on competing vigorously for business and for customers.” Google, meanwhile, offered up a similar statement, affirming that it too will withdraw any regulatory complaints it has made. “Our companies compete vigorously, but we want to do so on the merits of our products, not in legal proceedings.” Neither company made any product commitments to one another as part of this deal. The timing is interesting, coming just as European regulators charge that Google is abusing its position in the Android market. However, both sides say the deal was in the works for some time.

Read more here --> recode.net

No comments:

Cursethehype.com All rights Reserved 2002-2019