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UK seeks greater regulatory power over Microsoft and Amazon Web Services' cloud computing services
THE CMA opened its investigation in October 2023.
The CMA reports that UK businesses and organizations have increased their spending on cloud services by 30 percent each year — hitting £9 billion ($11 million) in 2023. The inquiry group points to a new solution: Strategic Market Status (SMS) designation for AWS and Microsoft's cloud services. The label comes courtesy of the UK's new Digital Markets, Competition and Consumers (DMCC) Act and would allow the CMA to enforce greater regulation and pro-competition directives on the two services.
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