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An East Midlands software reseller is suing Microsoft for £270m in damages after it alleged that the US giant is trying to stifle a multibillion-pound market. Value Licensing, which is based in Derby, buys up pre-owned licenses for Microsoft products from firms that have upgraded their IT or have gone bust – then sells them on.

UK software reseller ValueLicensing is suing Microsoft for £270m in damages for illegally abusing its power in the software market, it alleges. Derby-based ValueLicensing claims to be an expert in buying and selling pre-owned Microsoft volume licences to both private and public sector organisations.

Microsoft must go to the Supreme Court to defend itself against claims for compensation of two billion kroner for deliberately and with full intent to destroy a giant market.

British software reseller ValueLicensing alleges Microsoft is abusing its power over second hand software licences, and sues Redmond in High Court

UK software company ValueLicensing has filed a lawsuit against Microsoft with the English High Court accusing it of harming competition in the used software market, reports the Financial Times. It is seeking GBP 270 million in damages.