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The Digital Markets Act (DMA) must urgently extend its reach to cloud and AI services, according to German MEP Andreas Schwab. He emphasized that without regulation, European companies risk being overshadowed by American and Chinese competitors. Schwab advocates for a unified European strategy to ensure that these technologies remain accessible and competitive for users.
Currently, 24 core platform services are regulated under the DMA, but cloud and AI services are notably absent from this list. The British Competition and Markets Authority has raised concerns about the dominance of Amazon and Microsoft in the cloud sector, highlighting the need for regulatory oversight. Schwab's call to action stresses the interdependence of cloud and AI, urging immediate consideration of AI in regulatory frameworks.
• MEP Schwab urges EU to regulate cloud and AI services urgently.
• Amazon and Microsoft dominate the cloud market, raising competition concerns.
The DMA is a regulation aimed at ensuring fair competition in digital markets, particularly for large tech companies.
These are essential digital services that are subject to regulation under the DMA to prevent market dominance.
AI refers to technologies that enable machines to perform tasks that typically require human intelligence, impacting various digital services.
Open AI is known for developing advanced AI technologies, including ChatGPT, which leads the AI market.
Microsoft is a major player in AI development, particularly with its Copilot product and backing of Open AI.
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