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00:03Australia's competition regulator has sued Microsoft,
00:06accusing it of misleading millions of customers into paying higher prices
00:09for Microsoft 365 after bundling it with its AI tool Copilot, according to Reuters.
00:15The Australian Competition and Consumer Commission said that since October 2024,
00:21Microsoft led about 2.7 million users to believe they had to switch to more expensive personal
00:26and family plans that included Copilot. The ACCC said Microsoft raised Microsoft 365 subscription
00:34prices by up to 45% after adding Copilot and failed to clearly disclose that a cheaper,
00:40classic plan was still available. The regulator said the option was only shown during cancellation,
00:46violating consumer law. Microsoft said it is reviewing the claim.
00:49For all things money, visit Benzinga.com.
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