However, the pair escaped serious punishment after it deemed they did not hamper free market competition.

Microsoft and BesTV, were fined 200,000 yuan ($31,430) each for failing to report to antitrust regulators that their joint venture exceeded a market share threshold that usually triggers a disclosure requirement.

Microsoft and BesTV formed a venture in 2013 to bring the Xbox to China after the government lifted a 14-year ban on consoles.

The Xbox investigation, which did not find Xbox in serious violation of any antitrust rules, was unrelated to an ongoing probe by China's National Development and Reform Commission into Microsoft's Windows and Office software sales practices.

So that joy is still to come and we don't expect Microsoft to be so lucky on that one. The Chinese government is keen to discourage foreign companies acting in China.