The British competition regulator tapped a top former Amazon executive as its new chair after accusations from Prime Minister Keir Starmer of stifling growth.

A senior former Amazon executive was appointed as the new chair of the British competition authority after Prime Minister Keir Starmer accused it of hindering growth. TakeAway Points: Marcus Bokkerink will be replaced as the Competition and Markets Authority’s interim chair by Doug Gurr,

An independent inquiry for the CMA has published findings of an investigation into competition in the £9 billion cloud services market.

If the companies are found to have ‘strategic market status’ then they could face restrictions on egress fees and software licensing.

The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above).

The UK government has appointed a former top executive at online titan Amazon to be the interim chair of the country's competition regulator, hoping the appointment will help drive economic growth.

The former Amazon executive installed as the new chairman of the competition watchdog is facing questions about whether he will recuse himself from a decision to investigate the tech giant...

The UK’s competition regulator should consider investigating Amazon and Microsoft’s cloud ... it was recommending the Competition and Markets Authority (CMA) use its powers under the Digital ...

An independent inquiry report has told the UK’s competition watchdog to consider investigating AWS and Microsoft’s cloud services.

Competition in the cloud services market is not working as well as it could be, the UK's competition regulator has said in its provisional findings on an investigation into the industry.

JMP Securities has maintained a Market Outperform rating on Amazon.com (NASDAQ:AMZN) with a steady price target of $285.00. According to InvestingPro data, Amazon maintains a GREAT financial health score,