British software reseller files £270 million antitrust court action against Microsoft
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British software reseller files £270 million antitrust court action against Microsoft
ValueLicensing alleges that Microsoft pressurises customers not to sell unused Windows and Office licences, to the detriment of the secondhand market
British software reseller files £270 million antitrust court action against Microsoft
Derby-based reseller ValueLicensing has filed a £270 million antitrust lawsuit against Microsoft in the UK High Court, accusing the US firm of trying to kill competition in the secondhand software market.
ValueLicensing also calls for action to restore and maintain competition and choice in the market
Richard Speed Thu 8 Apr 2021 // 11:24 UTC Share
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Updated Microsoft is being sued by UK reseller ValueLicensing for £270m in damages over claims of restrictive contractual practices and abuse of dominance.
The claim, filed in the UK s High Court in London, asserts that Microsoft stifled the supply of preowned Microsoft licences in the UK and EEA and added clauses into contracts that restrict customers reselling their licences (in return for a discount). The net result, alleges the Derby-based software reseller, has been higher prices and less choice for customers, who have been steered into cloud-based Office365 and Azure subscriptions.
UPDATE: Thungela Resources to list in London and Johannesburg by June
Thu, 8th Apr 2021 17:55
(Alliance News) - Thungela Resources Ltd on Thursday said it expects to list on the Main Market of the London Stock Exchange and the main board of the Johannesburg Stock Exchange on June 7, following its demerger from Anglo American PLC expected to come into effect on June 4.
Earlier Thursday, Anglo American announced that it would exit its South African thermal coal operations as part of its drive for a responsible transition from thermal coal. We are confident that Thungela will be a responsible steward of our thermal coal assets in South Africa, benefiting from an experienced and diverse management team and board. While representing just a small proportion of Anglo American today, we are laying the foundation for South Africa s leading coal business, setting it up for success to deliver value for all its stakeholders, said Anglo American Chief Executive Mark Cutifani.
British Reseller Sues Microsoft For £270m Over Illegal Software Licences forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.