00:00It's Benzinga bringing Wall Street to Main Street.
00:02Microsoft is accused of overcharging UK businesses using rival cloud platforms
00:06such as Amazon Web Services, Google Cloud, and Alibaba Cloud
00:10in a lawsuit seeking over $1 billion in damages.
00:13A competition lawyer alleges that Microsoft leverages its market dominance
00:17to enforce higher prices for Windows Server licensing on competing cloud platforms,
00:23pressuring customers to switch to Microsoft Azure.
00:25The lawsuit represents thousands of businesses in an opt-out collective action
00:30and aims to challenge Microsoft's practices and secure compensation for affected organizations.
00:35Microsoft declined to comment.
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