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Amazon, Microsoft and Google face UK probe over dominance in cloud computing

The probe will focus on so-called ‘hyperscalers’ like Amazon Web Services, Microsoft Azure and Google Cloud, which let businesses access computing power and data storage from remote servers. Ofcom said it will conclude its review and publish a final report including any concerns and proposed recommendations within the 12 months. The review will form part of a broader digital strategy push by Ofcom, which regulates the broadcasting and telecommunications industries in the U.K. It also plans to investigate other digital markets, including personal messaging and virtual assistants like Amazon’s Alexa, over the next year. The regulator hasn’t yet reached a view on whether the cloud giants are engaged in anticompetitive behavior. Amazon, Microsoft and Google generate roughly 81% of revenues in the . . .

Read more at www.cnbc.com