Cloud business practices are on the radar of federal authorities, fueled by market consolidation among the three largest public cloud infrastructure providers, AWS, Google Cloud and Microsoft Azure.
The three biggest providers, or hyperscalers, own two-thirds of the global cloud infrastructure services market and nearly three-quarters of spending on public cloud, according to Synergy Research Group.
In addition to flagging competitive practices and “the extent to which cloud providers compete on their ability to provide secure storage for customer data,” the FTC voiced data privacy concerns, noting recent breaches at Uber subsidiary Drizly and online tutoring and textbook rental company Chegg.
