The European Union is set to designate Microsoft Azure and Amazon Web Services as regulated large technology companies under its strict tech rules, according to Techub News. The move would place the cloud businesses of both companies under closer scrutiny.
The framework at issue is the EU’s Digital Markets Act, which is designed to curb the market power of major technology firms. Companies labeled as "gatekeepers" under the law must comply with a set of obligations. These include requirements around data interoperability and a ban on self-preferencing.
If Azure and AWS are formally brought into that category, their cloud operations in the EU would face a tougher compliance regime tied to those rules.
According to Techub News, the European Union will designate Microsoft Azure and Amazon Web Services as regulated large technology companies under its strict tech rules.
That would subject the cloud businesses of both companies to closer scrutiny.
The Digital Markets Act targets the market power of large tech companies
The EU’s Digital Markets Act is intended to curb the market power of major technology firms. Companies designated as "gatekeepers" must comply with a range of obligations, including data interoperability requirements and a ban on self-preferencing.
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