Ofcom Refers UK Cloud Market to CMA over Amazon and Microsoft Dominance Concerns; Construction and Car Sales Also in Focus

Ofcom refers UK's cloud computing market to the Competition and Markets Authority for investigation, concerned about Amazon and Microsoft's dominance.

Ofcom worried about high egress fees, barriers to switching providers, and discounts incentivizing single provider use.

CMA to launch a formal investigation to determine if competition is being threatened in the £7.5bn cloud market.

UK construction activity declined sharply in September, led by a steep fall in housebuilding, marking the worst performance since early in the pandemic.

UK car sales rose 21% in September, but the share of electric vehicles slipped slightly even though battery electric vehicle sales grew.