UK Regulator to Investigate £7.5 Billion Cloud Services Market

Rules set by ‘hyperscalers’ such as Amazon and Microsoft could lead to higher costs of cloud services being passed on to consumers, Ofcom has warned.

3D printed clouds and figurines in front of the AWS (Amazon Web Service) cloud service logo in a photo illustration taken on Feb. 8, 2022. Dado Ruvic/Illustration/Reuters

A competition watchdog will investigate the UK cloud services market amid concerns that the main providers prevent fair competition and create technical barriers to switching for customers.

Responding to a referral by Ofcom, the Competition and Markets Authority (CMA) announced on Thursday it would investigate Britain’s £7.5 billion cloud services market.