Google-owned Amazon.com Inc (NASDAQ:AMZN), Microsoft Corp and Alphabet Inc (NASDAQ:GOOG) face an investigation into cloud services competition in the UK.
Communications regulator Ofcom also said it would examine other digital markets over the next year, including messaging services like WhatsApp, FaceTime and Zoom, as well as connected TVs and smart speakers.
Ofcom said if it concluded that the cloud market was not performing well, it could recommend policy changes, take enforcement action or ask the UK’s Competition and Markets Authority (CMA) to investigate.
The regulator plans to publish a final report within 12 months, it said.
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In a statement, Ofcom said cloud computing is a huge and fast-growing market that uses remote servers to offer services such as software, storage and computing power. The user, who can be a person or a company, uses …