Connect with us

Hi, what are you looking for?

BUSINESS

Exclusive: UK regulator to push for probe into Amazon and Microsoft cloud dominance

According to two individuals who know the situation, the British media regulator Ofcom will press for an antitrust inquiry into Amazon’s (AMZN.O) and Microsoft’s (MSFT.O) hegemony in the UK’s cloud computing sector this week.

According to one of the individuals, the body’s final report, scheduled to be released Thursday, will keep the suggestion that Ofcom initially made in April.

Amazon and Microsoft collectively hold a market share of 60–70%. Google (GOOGL.O), the company they compete with the most, has about 10%.

Following an examination by Ofcom earlier this year, the watchdog declared that it had thought about referring the market to the CMA, the British competition authority, for investigation.

Ofcom issued a warning that the status of the British cloud computing industry made it challenging for certain customers to negotiate a favorable price with their supplier.

Requests for comment from Amazon, Microsoft, the CMA, and Ofcom were not immediately fulfilled.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like

Movie

Star Trek: Voyager celebrates 30 years of groundbreaking storytelling, led by Captain Janeway, the franchise's first female lead. Stranded in the Delta Quadrant, the...

Gadgets

Samsung's Galaxy S25 Ultra redefines power with groundbreaking performance, while the Galaxy Z Fold 6 pushes foldables mainstream with unmatched versatility. Prioritizing innovation and...

Gadgets

The OnePlus 13, set for a 2025 release, promises groundbreaking features like AI-powered capabilities, next-gen hardware, and sustainable design. Poised to redefine the smartphone...

AI

Technology is driving a transformative era, prioritizing collaboration, ethical responsibility, and human-centric innovation. From AI accountability and immersive AR/VR to sustainability and inclusive solutions,...

SUBSCRIBE

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.