EU Commission takes preliminary position to designate AWS and Azure as DMA gatekeepers
By
Richard Speed
Summary
The European Commission has taken a preliminary position that Amazon Web Services (AWS) and Microsoft Azure should be designated as "gatekeepers" under the EU's Digital Markets Act (DMA). This designation would impose strict regulatory requirements on the two cloud computing giants, with potential fines of up to 10% of their worldwide turnover for non-compliance. The Commission views AWS and Azure as critical gateways between businesses and their customers in the EU, given their dominant market positions as the largest and second-largest cloud services in the bloc.
Source
Key quotes
· 3 pulledthe largest and second largest cloud computing services in the EU respectively
a gateway between businesses and their customers in the bloc
They both have vast and entrench
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