UK Regulator Raises Alarm Over Microsoft and Amazon’s Cloud Competition Probe
The U.K.’s Competition and Markets Authority (CMA) has raised the alarm about Microsoft and Amazon’s alleged unfair practices in the cloud services market. The CMA is launching a new investigation into both companies to determine whether they are engaging in anti-competitive behavior that could be damaging to consumers, businesses, or other competitors.
The probe will focus on how these two tech giants have used their power over cloud computing services to potentially limit competition by making it difficult for rivals to compete with them effectively. This includes examining any exclusive contracts between Microsoft and Amazon that might prevent customers from using competing products or services; as well as any restrictions on data portability between different providers of cloud computing solutions.
Microsoft and Amazon have denied any wrongdoing but said they would cooperate fully with the CMA’s investigation into their activities in this sector of the technology industry. It remains unclear what action may be taken against either company if the evidence is found of anti-competitive behavior, though regulators could impose fines or even force changes in business practices if necessary.Read more at CNBC