Microsoft and Amazon , Face Antitrust Probe in UK.
Microsoft and Amazon , Face Antitrust Probe in UK.
On Oct.
5, Britain's Competition and Markets Authority (CMA) said it is investigating Microsoft and Amazon's cloud infrastructure services, CNN reports.
On Oct.
5, Britain's Competition and Markets Authority (CMA) said it is investigating Microsoft and Amazon's cloud infrastructure services, CNN reports.
The probe comes after the country's media and communications regulator, Ofcom, issued a report stating that the U.K.'s supply of cloud infrastructure is concentrated while competition is limited.
When examining Britain's cloud infrastructure services market, .
Ofcom says that Microsoft and Amazon Web Services (AWS) "had a combined market share of 70%-80%" last year, CNN reports.
Ofcom says that Microsoft and Amazon Web Services (AWS) "had a combined market share of 70%-80%" last year, CNN reports.
Google, the closest competitor, had a market share of 5%-10%.
We welcome Ofcom’s referral of public cloud infrastructure services to us for in-depth scrutiny.
, Sarah Cardell, CMA CEO, via statement.
This is a £7.5 billion market that underpins a whole host of online services — from social media to [artificial intelligence] foundation models, Sarah Cardell, CMA CEO, via statement.
Many businesses now completely rely on cloud services, making effective competition in this market essential, Sarah Cardell, CMA CEO, via statement.
The investigation is expected to conclude by April 2025.
The investigation is expected to conclude by April 2025.
Amazon and Microsoft have agreed to "constructively" work with the CMA, CNN reports.
Amazon and Microsoft have agreed to "constructively" work with the CMA, CNN reports.
We are committed to ensuring the U.K. cloud industry remains innovative, highly competitive and an accelerator for growth across the economy.
, Microsoft spokesperson, via CNN
