British regulators will soon announce competition remedies for the multibillion-pound cloud industry

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The U.K. competition regulator will soon announce “behavioral” remedies to address anti-competitive practices in the cloud industry, two sources…

The U.K. competition regulator will soon announce"behavioral" remedies to address anti-competitive practices in the cloud infrastructure industry, two sources told CNBC.

According to one of the sources, there's a chance Google may be excluded from the scope of the competition remedies given it is smaller in size compared to market leaders AWS and Microsoft Azure.The Competition and Markets Authority is set to unveil its provisional decision detailing"behavioral" remedies addressing anti-competitive practices in the sector following a months-long investigation into the market, two sources familiar with the matter told CNBC.

According to one of the sources, there's a chance Google may be excluded from the scope of the competition remedies given it is smaller in size compared to market leaders AWS and Microsoft Azure. One contentious measure the regulator said it was considering was requiring Microsoft to apply the same pricing for its productivity software products regardless of which cloud they're hosted on — a move that would have a significant impact on Microsoft's pricing structures.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines