$AMZN $GOOGL - EU CLOUD RULES COULD HIT BIG TECH BIDS A draft EU cloud computing law could make it harder for Amazon, Google and Microsoft…
$AMZN $GOOGL - EU CLOUD RULES COULD HIT BIG TECH BIDS
A draft EU cloud computing law could make it harder for Amazon, Google and Microsoft to win contracts for "very critical" cloud services in Europe.
The proposal would introduce mandatory non-price criteria in public procurement, including preferences for EU-designed or EU-made software and hardware, EU-based R&D, and security of supply.
For non-EU providers, authorities would assess factors such as data protection standards, the level of third-country influence over data, services and decision-making, and how open their home markets are to foreign cloud providers.
Sources and draft documents indicate the measures would strengthen the position of European cloud vendors in public-sector tenders.
Tickers mentioned
More from Walter Bloomberg
- Sat, 18 Jul 2026 22:28:06 GMTIRAN'S MEHR SAYS U.S. MILITARY LAUNCHED ATTACKS NEAR SIRIK
- Sat, 18 Jul 2026 22:26:06 GMTU.S. LAUNCHES NEW STRIKES AGAINST IRAN -CENTCOM
- Sat, 18 Jul 2026 22:18:49 GMTFrance 2 - England 4
- Sat, 18 Jul 2026 21:20:02 GMTEngland 2 - 0 France
- Sat, 18 Jul 2026 20:22:59 GMTEU, GULF STATES CALL ON IRAN PERMANENTLY OPEN STRAIT OF HORMUZ WITHOUT CONDITIONS OR FEES -SAUDI STATE TV
- Sat, 18 Jul 2026 20:21:00 GMT🇫🇷 FRANCE OR ENGLAND 🏴 ? Kickoff is in just 40 minutes The market is backing France at 69%, while England sits at 31% ahead…
- Sat, 18 Jul 2026 17:38:51 GMTTRUMP TO FUND MAGA-ALIGNED PROJECTS IN EUROPE AS HE REORDERS US AID- FT
- Sat, 18 Jul 2026 16:02:46 GMTMESSAGE FROM IRAN'S SUPREME LEADER TO BE RELEASED SHORTLY - IRAN'S STATE MEDIA