UK raises cloud competition concerns, names Microsoft and Amazon as dominant players

1. AWS seeks to invest billions in Italy's data center expansion. 2. CMA raises competition concerns about AWS and Azure in the UK cloud market. 3. Cloud services market worth £9 billion in 2023, growing 30% annually. 4. AWS and Microsoft dominate, each holding up to 40% of UK market share. 5. CMA investigates cloud market dynamics, following regulatory inquiries since 2022.