UK Watchdog Probes Amazon and Microsoft Cloud
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 5 October 2023
⏱️ 53 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde breaks down why the UK’s antitrust watchdog launched an investigation into Amazon and Microsoft’s cloud services on concerns they could be abusing market power. Plus, a look into crypto hedge fund Alameda Research and Caroline Ellison’s role on Day 2 of the historic FTX fraud trial.
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| 0:00.0 | The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition. |
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| 0:24.3 | That's Bloomberg Live.com |
| 0:26.0 | slash Sustainable Biz Singapore. |
| 0:31.2 | From the heart of where innovation, money and power collide in Silicon Valley and beyond, |
| 0:37.0 | this is Bloomberg Technology with Caroline Hyde and Ed the lo. I'm Caroline Hyde at Bloomberg's world headquarters in New York. |
| 0:57.0 | Ed Lala who's off today. |
| 0:58.0 | This is Bloomberg Technology. The UK's Antitrust Watchdog. |
| 1:01.0 | It strikes again. This time with an investigation into |
| 1:04.7 | Amazon and Microsoft's cloud services. Details on yet more concerns that |
| 1:08.8 | US tech giants could be abusing market power. Plus it is day two in the historic FTX fraud trial, |
| 1:14.7 | a look into the crypto hedge fund Almeida research |
| 1:17.8 | and Caroline Ellison's role. |
| 1:19.9 | And this hour we have an exclusive conversation with San Francisco Fed President Mary |
| 1:24.0 | Daly from the Economics Club of New York who do not want to miss it. |
| 1:28.3 | We're looking at Amazon also off by 1.4%. |
| 1:31.0 | Interesting. |
| 1:31.7 | This is being eyed in the CMA by the UK in terms of its more monopolization they are potentially |
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