UK regulator Ofcom has announced its plans to launch a probe into the dominance of technology titans Amazon, Microsoft and Google in cloud services "in the coming weeks".
The regulator is set to launch a market study that will assess how well the market is working, as well as any barriers to new entrants into the sector. It is expected to focus on the so-called 'hyperscalers', which let businesses access computing power and data storage from remote servers, rather than host it on their own private infrastructure.
The three hyperscalers – Amazon Web Services (AWS), Microsoft and Google – alone account for around 81 per cent of revenue in the UK public cloud infrastructure services market, according to Ofcom.
“The way we live, work, play and do business has been transformed by digital services," said Selina Chadha, Ofcom’s director of connectivity. "But as the number of platforms, devices and networks that serve up content continues to...