SynopsisEU antitrust regulators have preliminarily identified Amazon Web Services and Microsoft Azure as 'gatekeepers' under the Digital Markets Act. This designation aims to curb Big Tech's influence by imposing specific rules. Both companies have voiced concerns, with Amazon highlighting the diversity of cloud services and Microsoft pointing to Google's increasing market power. AgenciesAmazon and Microsoft's cloud computing services should be designated gatekeepers under EU rules aimed at reining in the power of Big Tech, EU ‌antitrust regulators ⁠said ⁠on Thursday. Amazon Web Services and Microsoft Azure, the two largest cloud providers globally, should be designated gatekeepers under the Digital Markets Act which sets out a ⁠list of ‌dos and don'ts to ensure a level playing field, ⁠the European Commission said. The preliminary findings by the EU competition enforcer came after a seven-month long investigation. Amazon said the preliminary assessment disregard the breadth of cloud services available to ‌European customers and risk deterring European investment and innovation. Microsoft pointed to its ⁠rival Google's growing power. "We remain concerned that ignoring the growing power of Google Cloud and Gemini will tilt the market in a harmful way," a Microsoft spokesperson said. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now