The UK's decision to launch a competition probe into the cloud computing market is a welcome move. It is important to ensure that the market remains competitive and that consumers have access to a range of services. It is also important to ensure that smaller companies are not being squeezed out by the larger tech giants. It will be interesting to see what the outcome of the investigation is and how it will affect the market going forward.
Estimated reading time: 0 minutes, 44 seconds
Amazon and Microsoft Under the Microscope
"realistic bubble question mark."
The UK's cloud computing market is facing a competition probe due to concerns that it is being dominated by Amazon and Microsoft. The media watchdog Ofcom has referred the sector to the UK's Competition and Markets Authority (CMA) to investigate the issue. Ofcom has stated that the cloud computing market is worth around £3 billion and that the two tech giants have a combined market share of around 80%.
Latest from News
- Cloud Computing: The Future of Business Strategy in 2024
- 5 Tips for Securing Your Cloud Configuration - You Won't Believe #3!
- Is This Company Poised to Dominate the Booming Cloud Market?
- Discover the Future of Cloud Computing Services in 2024-2031
- Discover the Future of Cloud Computing Services in 2024-2031
Most Read
-
-
Jan 24 2019
-
Written by Scott Koegler
Almost everyone who has a basic knowledge of computers and…
-
-
-
Jan 06 2019
-
Written by Scott Koegler
If that sounds like the title to a science fiction…
-
-
-
Mar 25 2019
-
Written by News
Both Oracle and Huawei have plans to put AI in…
-
-
-
Apr 08 2019
-
Written by Scott Koegler
Going by the discussions that are happening in the corporate…
-