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Competition Policy - Ofcom to investigate tech giants’ dominance of cloud computing

22nd September 2022

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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.

Ofcom to investigate tech giants’ dominance of cloud computing https://t.co/O8v21xu4yL
— Guardian Tech (@guardiantech) September 22, 2022

We’re examining Amazon, Google and Microsoft’s positions in the UK’s £15bn cloud services market.

These firms generate 81% of revenues in this market – and we want to make sure it’s working well for people and businesses in the UK. ⬇️ https://t.co/VgKxAnIp9I
— Ofcom (@Ofcom) September 22, 2022

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.