![](https://www.pymnts.com/wp-content/uploads/2023/05/Shutterstock_203618407.jpg)
The Federal Trade Commission is seeking to learn more about tech giants’ hold on cloud computing services and whether there might be competition and security concerns for the agency to address.
The FTC issued a request for information in March on the business practices of cloud computing providers, kicking off the agency’s examination of how cloud computing works and who controls the market. On Thursday, the agency hosted a webcast featuring a panel discussion assessing competition concerns and the role of leading cloud service providers including Microsoft, Amazon, and Google.
FTC Chair Lina Khan noted during Thursday’s discussion how the largest cloud computing providers are big tech companies, which she said have benefited from the network effects that a large, existing customer base provides them.
Related: US FTC’s Chief Says They Seek To Curb Risks Of Artificial Intelligence
“We want to make sure at the FTC that we’re fully understanding what are the factors that are leading the market to be so concentrated in the hands of a few companies, and also what are some of the downstream risks that might stem from that, that need to be on our radar, both on the competition side as well as on the data protection and security side,” Khan said during the FTC webcast.
Some cloud vendors have been criticized for bundling other products with their business cloud services, such as Microsoft’s Azure cloud which is tied to Office 365.
Featured News
NCAA and Wealthiest Conferences Set to File $2.77 Billion Antitrust Settlement
Jul 24, 2024 by
CPI
DOJ Supports DIRECTV in Antitrust Appeal Against Nexstar
Jul 24, 2024 by
CPI
Daniel Lambauer to Take Over as COO of Competition and Markets Authority
Jul 24, 2024 by
CPI
Spanish Antitrust Officials Launch Investigation into Apple’s App Store Practices
Jul 24, 2024 by
CPI
Bosch’s $8.1 Billion Deal to Buy Johnson Controls, Hitachi HVAC Operations
Jul 23, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Artificial Intelligence & Antitrust
Jul 24, 2024 by
CPI
On the Antitrust Implications of Embedding Generative AI in Core Platform Services
Jul 24, 2024 by
CPI
Generative AI Partnerships: Separating Good from Bad
Jul 24, 2024 by
CPI
Artificial Intelligence: A New Dimension for Competition?
Jul 24, 2024 by
CPI
Antitrust in the Age of Artificial Intelligence: Lessons from “I, Robot”
Jul 24, 2024 by
CPI