By Michael Susin The U.K.'s communications regulator has referred the cloud market to the country's competition watchdog for an investigation, alleging that...
The U.K.'s communications regulator has referred the cloud market to the country's competition watchdog for an investigation, alleging that certain features by market leaders Amazon and Microsoft could limit competition.
The Office of Communications regulator said Thursday that a market study found that high fees for transferring data, committed spend discounts and technical restrictions could make it difficult for customers to switch cloud provider or to use multiple providers. "Some U.K. businesses have told us they're concerned about it being too difficult to switch or mix and match cloud provider, and it's not clear that competition is working well. So, we're referring the market to the [Competition and Markets Authority] for further scrutiny, to make sure business customers continue to benefit from cloud services," Ofcom's director responsible for the market study, Fergal Farragher, said.
The regulator said Amazon Web Services and Microsoft had a combined market share in the U.K. of 70% to 80% in 2022. The CMA will now start an independent investigation to decide whether there is an impact on competition.Write to Michael Susin at [email protected]
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: UK regulator to push for probe into Amazon, Microsoft cloud dominanceBritish media regulator Ofcom will this week push for an antitrust investigation into Amazon and Microsoft's dominance of the UK's cloud computing market, according to two sources familiar with the matter.
Read more »
UK regulator to push for probe into Amazon, Microsoft cloud dominance By ReutersUK regulator to push for probe into Amazon, Microsoft cloud dominance
Read more »
Amazon and Microsoft's cloud dominance referred for UK competition probeOfcom is concerned that so-called “hyperscalers” like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing\u2026
Read more »
Google Antitrust Trial: Microsoft CEO Satya Nadella Highlights Dominance of Internet Giant's 'Web' of ServicesIn a key moment during the DOJ's ongoing antitrust trial against Google, Microsoft CEO Satya Nadella testified, spotlighting the search giant's formidable and, perhaps, insurmountable dominance in the online world.
Read more »
Singapore awards major payment institution license to Sygnum Bank subsidiaryThe MPI license enables Sygnum Singapore to extend its services offering to offer DPT trading services.
Read more »