EU has no antitrust concerns over cloud computing - yet: Vestager

clock • 2 min read
Cloud is central to modern business operations, and smaller providers have begun legal moves to break Silicon Valley's dominance
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Cloud is central to modern business operations, and smaller providers have begun legal moves to break Silicon Valley's dominance

Amazon and Microsoft, the world's biggest cloud computing service providers, have not raised competition concerns in the European Union, says the bloc's antitrust chief Margrethe Vestager.

Demand for cloud services has been rising for years, spiking sharply when the COVID-19 pandemic hit, with corresponding rises in many tech companies' profits. Last year, Amazon Web Services (AWS) accounted...

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