Source: Engadget
“The UK’s Competition and Markets Authority (CMA) has announced its preliminary findings that the cloud services market ‘is not working as well as it could be.’ That relatively vague statement follows a 16-month investigation into the UK’s cloud services market, especially its two largest providers, Amazon Web Services (AWS) and Microsoft. Both companies hold between a 30 and 40 percent market share, followed by Google at five to 10 percent. … The inquiry group points to a new solution: Strategic Market Status (SMS) designation for AWS and Microsoft’s cloud services. The label comes courtesy of the UK’s new Digital Markets, Competition and Consumers (DMCC) Act and would allow the CMA to enforce greater regulation and pro-competition directives on the two services.” [editor’s note: If it’s “not working as well as it could be,” just wait to see how much worse it works with even more government regulation! – TLK] (01/28/25)