EU Plans Stricter Rules for Amazon, Microsoft Clouds
The European Union is making new rules for Amazon and Microsoft’s cloud services. These rules are because of concerns about data and competition. The EU is using a new law called the Digital Markets Act.
The European Commission investigated Amazon and Microsoft’s cloud services, AWS and Azure. They decided to treat these companies as ‘gatekeepers’. This means they will have stricter rules. The Digital Markets Act will apply to the €220 billion cloud computing market. The goal is to improve data security and allow customers to easily switch between cloud providers.
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Highlights
EU Targeting Amazon, Microsoft
The European Union is considering stricter rules for Amazon and Microsoft's cloud services.
Gatekeeper Designation Proposed
Amazon and Microsoft will be designated as ‘gatekeepers’ by the European Commission.
Digital Markets Act Applies
The Digital Markets Act will be used against cloud providers.
Cloud Market Valuation
The cloud computing market is valued at €220 billion.
Switching and Competition Required
Companies must allow easier switching and competition within the market.
Perspectives
- The EU is implementing stricter rules for Amazon and Microsoft’s cloud services.
- Amazon and Microsoft are considered ‘gatekeepers’ by the European Commission.
- The Digital Markets Act is being used to regulate these cloud services.
- The cloud market is valued at €220 billion.
The EU is primarily concerned with competition within the digital market and data governance.
FAZ, El País, EurActiv, Politico EU, New
The EU’s focus is on applying the Digital Markets Act to cloud computing services, expanding its scope.
Politico EU