Google ditches EU antitrust complaint about Microsoft cloud amid EU probe

Core Points - Alphabet's Google has withdrawn its EU antitrust complaint against Microsoft's cloud computing practices [1] - This decision comes shortly after EU regulators initiated an investigation into whether Microsoft should be subjected to further scrutiny [1] Company Summary - Google, a subsidiary of Alphabet, is responding to regulatory pressures by dropping its complaint, indicating a potential shift in its competitive strategy [1] - Microsoft is currently under investigation by EU regulators, which may impact its cloud computing operations and market position [1] Industry Summary - The cloud computing sector is facing increased regulatory scrutiny in the EU, highlighting the competitive dynamics and potential legal challenges within the industry [1] - The withdrawal of the complaint by Google may signal a temporary easing of tensions between major players in the cloud market [1]