EU draft rules target Big Tech in state cloud tenders
The European Commission is set to unveil a tech sovereignty package that introduces strict criteria for cloud services in sensitive sectors like banking and energy. These rules could exclude major U.S. providers by requiring software and hardware developed within the European Union.
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The European Commission will propose cloud computing rules that could exclude AMAZON.COM INC, MICROSOFT CORP, and ALPHABET INC-CL A from critical state tenders. These three firms control over 60% of the global cloud market. The move targets United States dominance to bolster European technological sovereignty in sensitive sectors like banking and healthcare.
