Ofcom ‘concerned’ about Microsoft and Amazon domination of cloud market

The two companies control between 60%-70% of the market, the regulator said.

Billions of people worldwide rely on the cloud (Dominic Lipinski/PA) (PA Wire)

Ofcom could call in the competition regulator after finding “concerns” in the cloud services market, a backbone of the online world which is dominated by two companies.

The telecoms regulator proposed on Wednesday that the Competition and Markets Authority open its own probe into the sector amid concerns customers find barriers in their way when trying to switch suppliers.

The cloud space is dominated by two players, Amazon and Microsoft, which together hold an approximate 60%-70% market share.