UK regulators have accused Microsoft and Amazon of unfair competition practices in the cloud services market. This development could potentially lead to an antitrust investigation into their business practices.
Ofcom, the media regulator in Britain, has released the preliminary results of a market study investigating the large cloud services market. In September, Ofcom commenced a review into the industry to determine if companies providing public cloud infrastructure create any obstacles to competition.
Related: UK Watchdog Eyes Google, Amazon, Microsoft In Antitrust Probe
“Our provisional view is that competition is being limited by market features that make it more difficult for customers to switch and use multiple suppliers (known as ‘multi-cloud’),” Ofcom said.
The regulator suggested that the case be referred to the Competition and Markets Authority, which is responsible for promoting fair competition in markets, for further investigation.
“We received provisional findings from Ofcom today in relation to its Cloud market study and are in the process of reviewing these,” a CMA spokesperson said.
“We stand ready to carry out a market investigation into this area, should Ofcom determine it is required following the completion of its consultation process.”
Featured News
French Regulator Meat-Cutting Sector Case Following Antitrust Review
May 15, 2024 by
CPI
Arizona Attorney General Files Suit Against Amazon Over Unfair Business Practices
May 15, 2024 by
CPI
Varsity Spirit and Private Equity Owners Settle Class Action Antitrust Suit
May 15, 2024 by
CPI
US Senators Present AI Strategy, Call for Funding Surge
May 15, 2024 by
CPI
Hausfeld Strengthens Competition Bench with Key Hires in London and Germany
May 15, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI