BRUSSELS (Reuters) - Microsoft ( MSFT ) has clinched a deal to settle CISPE's antitrust complaint about its cloud computing licensing practices, the U.S. tech giant and the trade group said on Wednesday.

Microsoft ( MSFT ) will develop a product allowing CISPE's members to run Microsoft ( MSFT ) software on their platforms on the U.S. tech giant's Azure cloud infrastructure with prices equivalent to Microsoft's ( MSFT ) prices, CISPE said.

Microsoft ( MSFT ) will also compensate CISPE members for lost revenues related to their licensing costs over the last two years, the group said.