CNBC January 28, 2025
Key Points
– A U.K Competition and Markets Authority inquiry group on Tuesday provisionally recommended that the regulator should consider investigating Amazon Web Services (AWS) and Microsoft’s Azure cloud unit under new digital markets legislation.
– The CMA said that, currently, businesses face a limited choice of providers when it comes to cloud services.
– The regulator called AWS and Microsoft “the two large providers of cloud services, each with a share of up to 40% of UK customer spend on cloud services.”
LONDON — Britain’s antitrust watchdog on Tuesday raised concerns over competition in the multi-billion-pound cloud computing market and singled out Microsoft and Amazon as the dominant players.
An independent Competition and Markets Authority inquiry group provisionally recommended...