Amazon and Microsoft are under investigation by Britain’s anti-competition regulators over their dominance of the cloud computing market. On Thursday, media watchdog Ofcom said the Competition and Markets Authority would kickstart further investigation into the process.
The investigation comes after telecommunications regulator Ofcom studied issues concerning cloud computing and found proof that key players such as Amazon and Microsoft made it difficult for customers to use multiple suppliers or switch.
The two companies are known to be key providers of essential remote storage and computing, which is now dominant across various businesses.
Ofcom said that the features it identified made it difficult for U.K. businesses to switch cloud providers or use multiple cloud services. The regulator said it is “particularly concerned” about the position of Amazon and Microsoft.
Fergal Farragher, the director responsible for the market study, said,
- Some UK businesses have told us they’re concerned about it being too difficult to switch or mix and match cloud providers, and it’s not clear that the competition is working well.
- So, we’re referring the market to the CMA for further scrutiny to make sure business customers continue to benefit from cloud services.
Read more: https://www.investingport.com/amazo...et-to-face-cloud-computing-competition-probe/