UK Launches Antitrust Probe into Amazon and Microsoft Over Cloud Services Dominance
The cloud services market in the United Kingdom is set to undergo a thorough antitrust investigation as the UK’s Competition and Markets Authority (CMA) steps in to assess the presence of anti-competitive practices. Two tech behemoths, Amazon (through Amazon Web Services) and Microsoft, find themselves in the spotlight, primarily due to their dominant positions in the UK cloud services landscape.
According to a report from media regulator Ofcom, Amazon and Microsoft collectively held a staggering market share of between 70 and 80 percent in the UK cloud services sector last year. This remarkable market dominance has prompted Ofcom to request the CMA’s intervention to investigate potential competition-related concerns. In a distant third place is Google, with a relatively modest market share ranging from five to 10 percent.