Technology

UK regulator to push for probe into Amazon, Microsoft cloud dominance

03 October 2023, 3:50 pm 1 minute

Reuters reported that British media regulator Ofcom will this week push for an antitrust investigation into Amazon (AMZN.O) and Microsoft’s (MSFT.O) dominance of the UK’s cloud computing market.

Market Impact

Between them, Amazon and Microsoft enjoy a combined market share of 60-70% of Britain’s cloud computing industry. Meanwhile, their closest competitor, Alphabet’s Google (GOOGL.O), has closer to 10%.

Article Tags

Topics of Interest: Technology

Type: Reuters Best

Sectors: Economy & PolicyMediaTechnology

Regions: Europe

Countries: UK

Win Types: Impact (Long Term)

Story Types: Special Report / Insight

Media Types: Text

Customer Impact: Significant National Story

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