Microsoft and Amazon may face antitrust investigation in the UK, here’s why

Share via:

The UK’s communications regulator, Ofcom, has requested an investigation into the dominance of the UK cloud market by Amazon and Microsoft. Ofcom has found issues with charges for moving data out of the cloud, discounts for using only one provider, and technical barriers to switching providers. The Competition and Markets Authority (CMA) will conduct the investigation, which is expected to be completed by 2025. Amazon has disagreed with Ofcom’s findings, while Microsoft has committed to maintaining a competitive UK cloud industry. The French and EU antitrust authorities are also investigating cloud computing practices.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Microsoft and Amazon may face antitrust investigation in the UK, here’s why

The UK’s communications regulator, Ofcom, has requested an investigation into the dominance of the UK cloud market by Amazon and Microsoft. Ofcom has found issues with charges for moving data out of the cloud, discounts for using only one provider, and technical barriers to switching providers. The Competition and Markets Authority (CMA) will conduct the investigation, which is expected to be completed by 2025. Amazon has disagreed with Ofcom’s findings, while Microsoft has committed to maintaining a competitive UK cloud industry. The French and EU antitrust authorities are also investigating cloud computing practices.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Tech leaders line up to flatter Trump’s ego

If former President Donald Trump is to be...

Singapore AR startup raises $1.16m for tourism in MENA

This financing is intended for the company's growth...

Binance founder CZ sees positive shift in crypto regulation...

Developing crypto regulations, along with a political shift...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!