finance
EU Regulators Propose Designating Amazon and Microsoft Cloud Services as Gatekeepers
European Union regulators have recommended that Amazon Web Services and Microsoft Azure be classified as gatekeepers under the bloc's digital competition rules. The designation would apply additional obligations to the cloud computing services.
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European Union regulators recommended that Amazon Web Services and Microsoft Azure be designated gatekeepers under the bloc's digital competition rules. The recommendation states that the two cloud computing services serve as important gateways between businesses and customers in the European Union.
The proposed classification falls under existing European Union technology regulations that impose extra requirements on large digital platforms. Companies designated as gatekeepers must comply with rules covering data access, interoperability, and business practices.
The recommendation will proceed through the European Union's formal designation process before any obligations take effect. No timeline for a final decision was provided in the regulatory statement.
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