EU Set to Designate Microsoft's Azure and Amazon Web Services Under Digital Markets Act
The European Union is poised to designate Microsoft's Azure and Amazon Web Services under its strict rulebook for Big Tech. According to people familiar with the matter, regulators are finalizing an investigation into the two firms that will conclude they meet the requirements to fall under the scope of the rules. The decision is set to be issued in November, but it remains in draft form and timing could slip.
The Digital Markets Act aims to rein in the power of tech giants by imposing stricter regulations on their business practices. The investigation into Azure and AWS will conclude that they meet the requirements to fall under the scope of these rules. The decision is significant as it will subject the two firms to closer scrutiny and potentially impose new regulatory burdens.