Amazon, Microsoft slip lower as Britain opens probe into cloud market dominance

📆 10/5/2023 9:27 AM
📰 startelegram

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Competition authorities in Britain will launch a probe into allegations that Amazon and Microsoft are abusing their market dominance in the $9 billion cloud computing market.

lagged its mega-cap tech peers, after regulators in Britain called d for an antitrust probe into the pair's cloud market dominance.

An initial response is expected in a few months, with the probe likely to be completed by April of 2025.

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