87
this post was submitted on 03 Oct 2023
87 points (95.8% liked)
Technology
59374 readers
7244 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
LONDON, Oct 3 (Reuters) - British media regulator Ofcom will this week push for an antitrust investigation into Amazon (AMZN.O) and Microsoft's (MSFT.O) dominance of the UK's cloud computing market, according to two sources familiar with the matter.
The recommendation, first issued by Ofcom in April, will remain in the body's final report on the matter, set to be published on Thursday, one of the sources said.
Ofcom warned the current state of Britain's cloud computing market made it difficult for some existing customers to bargain for a good deal with their provider.
Technical restrictions and discounts encouraging customers to keep using a single provider for all their needs, even when better alternatives were available, could be considered anti-competitive, the body said in a report earlier this year.
“It would be a particularly unfortunate outcome if UK businesses and public sector customers faced less vibrant and competitive cloud solutions on a global stage than those available to their rivals in the EU, the U.S. and China," it said.
A spokesperson for Ofcom said: "We will be announcing our decision whether or not to refer the market to the CMA by the statutory deadline, which is Thursday 5 October."
The original article contains 331 words, the summary contains 198 words. Saved 40%. I'm a bot and I'm open source!