As Microsoft posts $75B in Azure revenue, UK’s CMA says “competition is not working well”
According to the Competition and Markets Authority (CMA), “the current competition structure isn’t functioning optimally,” and they have proposed solutions to address this issue. In their investigation, an independent CMA panel concluded that the cloud services market is excessively concentrated, with Microsoft and Amazon Web Services (AWS) holding significant dominance, each accounting for approximately 40% of the market share.