Dominance of Amazon and Microsoft in cloud harming competition, UK says
The Competition and Markets Authority (CMA) inquiry group said on Thursday the regulator should investigate whether to consider designating the two companies with strategic market status (SMS) in cloud services, which would give it power to impose tailored conditions.
It noted, however, that the CMA has said it will not consider launching future SMS investigations, which are conducted by its Digital Markets Unit (DMU), until early next year.
Google is the third main cloud services provider, but it has a much smaller share than its rivals.
Microsoft said the report "misses the mark again, ignoring that the cloud market has never been so dynamic and competitive, with record investment, and rapid, AI-driven changes".
"Its recommendations fail to cover Google, one of the fastest-growing cloud market participants," a Microsoft spokesperson said.
"Microsoft looks forward to working with the Digital Markets Unit toward an outcome that more accurately reflects the current competition in cloud that benefits UK customers."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
£600m+ Adidas deal sets up STUNNING Alexander Isak signing
Liverpool's new 10-year kit deal with Adidas is finally up and running. The Reds - from August 1 - will be outfitted by the German sportswear giants. Adidas takes over from Nike - who have supplied Liverpool's kit and apparel over the last five years. The Nike deal was valued at a base £30m per annum - with Liverpool enjoying a reported 20 percent royalties from replica kit sales and other merchandise. Shop the LFC Store LFC x adidas Shop the home range today! LFC x adidas Shop the goalkeeper range today LFC x adidas Shop the new adidas range today! The basic Adidas deal represents a SUBSTANTIAL increase in basic income from the club's main kit supplier. Adidas paying even MORE than £60m For starters it's believed Liverpool stand to benefit by FAR more than the initial £60m per year which has been reported. And the deal lasts 10 years - providing a guaranteed income stream worth over £600m stretching into the decade ahead. Factor in the sales and performance bonuses and you can see how lucrative this tie-up will end up being. Liverpool will now be better able to forecast budgets in the seasons ahead - as well as remain in line with PSR obligations. And the way that transfers are accounted for in the club's books could also mean that this Adidas deal proves VERY useful in the chase for Alexander Isak. © LFC Isak could cost only £30m a year So-called transfer amortisation means that a deal worth £150m - for example - would only impact accounts by £30m per year over a five-year contract. Given that Liverpool have guaranteed themselves a minimum £30m uplift per annum simply by switching from Nike to Adidas, the benefits of this kit deal alone could pay Isak's British record transfer fee of £150m. Isak a flagship Adidas player And don't forget Isak's long-standing relationship with Adidas football. He has been wearing Adidas boots since his days as a teenager back at AIK. The 25-year-old has featured prominently in Adidas promotional campaigns - for Newcastle and through personal endorsements. If he moves to Liverpool he will be joining one of the biggest attractions in the football world - meaning a huge opportunity exists for mutually beneficial marketing deals.
Yahoo
23 minutes ago
- Yahoo
Shell Second Quarter 2025 Earnings: Misses Expectations
Shell (LON:SHEL) Second Quarter 2025 Results Key Financial Results Revenue: US$65.4b (down 12% from 2Q 2024). Net income: US$3.60b (up 2.4% from 2Q 2024). Profit margin: 5.5% (up from 4.7% in 2Q 2024). The increase in margin was driven by lower expenses. EPS: US$0.60 (up from US$0.55 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Shell Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 2.9%. Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Oil and Gas industry in the United Kingdom. Performance of the British Oil and Gas industry. The company's shares are up 1.5% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 1 warning sign for Shell you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
23 minutes ago
- Yahoo
We Ran A Stock Scan For Earnings Growth And One Media iP Group (LON:OMIP) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like One Media iP Group (LON:OMIP). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide One Media iP Group with the means to add long-term value to shareholders. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. One Media iP Group's Improving Profits Even modest earnings per share growth (EPS) can create meaningful value, when it is sustained reliably from year to year. So it's easy to see why many investors focus in on EPS growth. It is awe-striking that One Media iP Group's EPS went from UK£0.00072 to UK£0.0028 in just one year. Even though that growth rate may not be repeated, that looks like a breakout improvement. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Unfortunately, One Media iP Group's revenue dropped 11% last year, but the silver lining is that EBIT margins improved from 8.9% to 27%. That falls short of ideal. You can take a look at the company's revenue and earnings growth trend, in the chart below. For finer detail, click on the image. See our latest analysis for One Media iP Group One Media iP Group isn't a huge company, given its market capitalisation of UK£9.5m. That makes it extra important to check on its balance sheet strength. Are One Media iP Group Insiders Aligned With All Shareholders? As a general rule, it's worth considering how much the CEO is paid, since unreasonably high rates could be considered against the interests of shareholders. Our analysis has discovered that the median total compensation for the CEOs of companies like One Media iP Group with market caps under UK£151m is about UK£296k. The One Media iP Group CEO received UK£245k in compensation for the year ending October 2024. That is actually below the median for CEO's of similarly sized companies. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. Generally, arguments can be made that reasonable pay levels attest to good decision-making. Should You Add One Media iP Group To Your Watchlist? One Media iP Group's earnings per share have been soaring, with growth rates sky high. Such fast EPS growth prompts the question: has the business reached an inflection point? Meanwhile, the very reasonable CEO pay is a great reassurance, since it points to an absence of wasteful spending habits. So faced with these facts, it seems that researching this stock a little more may lead you to discover an investment opportunity that meets your quality standards. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with One Media iP Group , and understanding this should be part of your investment process. Although One Media iP Group certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of British companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
