Amazon’s Computing Unit Aws is in Talks With Italy to Invest Billions of Euros in the expansion of its center business in the counte Amiliar with the matter said.
CESC Maymo | Getty Images News | Getty Images
London-Britain’s antitrust watchdog on tuesday raised concerns over competition in the Multi-Billion-Pound Cloud Computing Market and Singled Out Microsoft and Amazon as the Dominant Players.
An Independent Competition and Markets Authority Inquiry Group Provisional Recommended that the Regulator Considers Investigating Amazon Web Services (AWS) and Microsoft’s Azure Cloud UNIT AAZURE NEWS Islation.
In a statement, the CMA said it estimates the cloud services market was worth 9 billion ($ 11.18 billion) in 2023-a figure growing over 30% year-on-eye. The CMA notedThat, currently, businesses face a limited choice of providers when it comes to cloud services.
The regulator called aws and microsoft “The two large providers of cloud services, thought with a share of up to 40% of uk customer species on cloud services.”
Notably, it added google was the third-bigaste provider “with a much smaller share.”
‘Not warranted’
Rima Alaly, Corporate Vice President and Deputy General Counsel of Competition Law Group at Microsoft, Said Over Email That The CMA Inquiry Group’s Draft Report ” -Powned future, not fixed on legacy products launched in The last century. “
“The Cloud Computing Market Has Never Been So Dynamic and Competitive, Attracting Billions in Investments, New Entrants, and Rapid Innovation. Alaily added.
An AWS spoakesperson said the cma’s recommended intervention “is not warranted,” adding that “the evidence demonstrates the it services industry is highly competible.”
“Cloud computing has lowered costs for uk businesses with on-demand services and pay-you-pricing, expected product choice, and incredible competition and innovation,” The with Spokesperson added.
The Amazon Division Urged The CMA to “Carefully Consider how regulatory intervention in other ares will stiffle innovation and ultimately harm customers in the uk.”
Cloud market in focus
Previous, The CMA said it was concerned by Several Elements of the Cloud Market that Cold Pose Competition Issues, Including SO-Called “Egress” FEES ON TRANSFERS ON DATASF Ing Fees, Volume Discounts, and Interoperability Issues that Make It harder to switch vendor.
The CMA PROBE Traces Its History Back to 2022, When UK Telecoms Regulator ofcom kicked off a market study Examining the dominance of cloud giants Amazon, Microsoft and GoogleOfcom subsequently Referred its cloud review to the cma To address competition issues in the market.
Cloud infrastructure services is a market dominated by us technology giants amazon and microsoft. Amazon is the largest player, offering cloud services via its Amazon Web Services (AWS) Arm. Microsoft is the second-largest, selling cloud products under its microsoft azure unit.
(Tagstotranslate) Politics (T) Breaking News: Politics (T) Enterprise (T) Technology (T) Breaking News: Technology (T) Business News
