11:46 AM EDT, 07/19/2024 (MT Newswires) -- Microsoft ( MSFT ) and OVHcloud reached an accord on cloud use, heading off an antitrust complaint to European Union regulators against the US technology giant, the French company said Friday.

"This agreement comes with progresses through several changes in practices conducted by Microsoft ( MSFT ) to favor the use of its services on Microsoft Azure and is the result of more than three years of work, discussions and exchanges," OVHcloud said Friday in a statement emailed to MT Newswires.

OVHcloud had alleged that Microsoft ( MSFT ) practices boosted cost and complicated software use on rival infrastructures, Politico reported Thursday.

"We are glad we reached this settlement and addressed OVH's concerns," Microsoft ( MSFT ) said, according to the Politico report.

"Although this agreement leads to concrete progress for the entire European cloud ecosystem, there is a crucial need for further action to effectively put an end to all anticompetitive practices implemented by hyperscalers in the EU cloud market," OVHcloud said.

Microsoft ( MSFT ) didn't immediately respond to a request for comment from MT Newswires.

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