UK's Deep Dive into Amazon and Microsoft's Cloud Power Raises Eyebrows
Portfolio Pulse from Anusuya Lahiri
The UK's anti-competition regulators have initiated an investigation into the dominance of Microsoft Corp (MSFT) and Amazon.Com Inc (AMZN) in the cloud computing market. The investigation, led by media watchdog Ofcom and the Competition and Markets Authority (CMA), will focus on the companies' control over the market and its impact on competition and business operations. AWS and Azure, the cloud services of Amazon and Microsoft respectively, command 60% to 70% of the cloud expenditure. The investigation is expected to conclude by April 2025.
October 05, 2023 | 1:40 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Amazon is under investigation by UK regulators for its dominance in the cloud computing market. This could potentially lead to regulatory actions that may impact its business operations.
The investigation into Amazon's dominance in the cloud computing market could potentially lead to regulatory actions that may impact its business operations and market position. This could negatively affect its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Microsoft is under investigation by UK regulators for its dominance in the cloud computing market. This could potentially lead to regulatory actions that may impact its business operations.
The investigation into Microsoft's dominance in the cloud computing market could potentially lead to regulatory actions that may impact its business operations and market position. This could negatively affect its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100