In the News
Competition Policy - Ofcom to investigate tech giants’ dominance of cloud computing
22nd September 2022
OFCOM are going to look into whether the market for cloud computing services is seeing the abuse of a dominant position by three tech giants, namely Amazon, Microsoft and Google.
Between them, they control around 80% of the market and there are concerns that this might mean higher prices than would otherwise exist and lower levels of innovation.
The Ofcom market investigation will cover:
- The strength of competition in cloud services
- The position Amazon, Google and Microsoft hold in the market
- Anything that could limit innovation and growth for other companies entering the market
Check out the tweets and links below if you want to read a little further on this key issue.
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