New CMA chair will have to assess curbs on his former employer Amazon
by Mark Sweney from World news | The Guardian on (#6TWCS)
Doug Gurr will lead board as watchdog rules on Microsoft and Amazon's dominance of cloud computing market
The new chair of the UK competition watchdog will have to assess whether to curb the position of his former employer, Amazon, after an independent inquiry found that a lack of competition in the 9bn cloud computing market could mean British businesses are overpaying for services.
The Competition and Markets Authority (CMA), which last week announced the surprise appointment of former Amazon UK boss Doug Gurr as its interim chair, said that Microsoft and Amazon's dominance of the cloud computing market could mean that British businesses are paying as much as 430m more annually for services than in a well-functioning market".
Continue reading...