UK regulator to investigate hyperscalers' dominance of the cloud market

The UK's Competition and Markets Authority (CMA) is launching a market investigation into the supply of public cloud infrastructure services in the UK. Between them, Amazon and Microsoft enjoy a combined market share of 60-70 percent of Britain's cloud computing industry. This follows a referral by telecoms regulator Ofcom which has expressed concerns around egress fees, discounts -- which may incentivize customers to use only one cloud provider, and technical barriers to switching. Sarah Cardell, CEO of the CMA, says, "We welcome Ofcom's referral of public cloud infrastructure services to us for in-depth scrutiny. This is a £7.5bn market that… [Continue Reading]