7 months ago
2 mins read
Amazon and Microsoft Under Investigation for Cloud Computing Competition
The UK’s cloud computing market is under investigation due to concerns about the dominance of Amazon and Microsoft, according to media watchdog Ofcom. The two tech giants reportedly make up 70-80% of the sector in the UK, while Google, their closest rival, holds only 5-10% of the market share. Ofcom expressed concerns in April about the lack of competition in the cloud computing sector, making it challenging for businesses to switch providers. To address these concerns, Ofcom has referred the matter to the UK’s Competition and Markets Authority (CMA) for further investigation. Both Amazon and Microsoft have stated that they