The Triumvirate
The global cloud market isn't a diverse ecosystem. It's an oligopoly. Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) form a triumvirate that holds unprecedented power over the digital world.
Source: Synergy Research Group, Q4 2024
Anatomy of an Outage
The cloud is sold as infinitely resilient. The reality is far more fragile. A single human error, a software bug, or a cooling failure can trigger a catastrophic cascade, shutting down vast swathes of the internet. These aren't hypotheticals; they are history.
Feb 2017: The Typo That Broke The Internet
Provider: Amazon Web Services (AWS)
An engineer entered a command incorrectly, intending to remove a few servers. Instead, the typo took a massive chunk of the S3 storage system offline in the critical US-EAST-1 region.
The Fallout:
$0M
Estimated loss for S&P 500 companies.
Mar 2021: The Lost Key
Provider: Microsoft Azure
An automated process to rotate cryptographic keys went wrong. A crucial key for Azure Active Directory (AD) was deleted, locking millions of users out of Office 365, Teams, and countless other services for 14 hours.
The Blast Radius:
Global Authentication Failure
Impacted services from Xbox Live to enterprise applications.
Jul 2022: The London Heatwave
Provider: Google Cloud Platform (GCP)
During a record-breaking heatwave, cooling systems failed in a London data center. To prevent permanent hardware damage, Google was forced to shut down a portion of its `europe-west2` region, causing multi-day disruptions.
The Vulnerability:
Physical World Intrusion
Proved the cloud is still vulnerable to physical and environmental threats.
The Golden Handcuffs
The Triumvirate's dominance isn't just about scale. It's enforced by strategic business practices designed to make switching providers technically difficult and financially punishing. This is "vendor lock-in."
The Egress Tollbooth
Getting data into the cloud is free. Getting it out? That'll cost you. Providers charge high "egress fees" for transferring data out of their network. This acts as a massive financial barrier, discouraging customers from moving to a competitor or adopting a true multi-cloud strategy.
A Tax on Freedom
Restrictive Licensing
Microsoft, in particular, is criticized for using its dominance in enterprise software (like Windows Server) to push customers to Azure. Licensing terms can make it up to 5 times more expensive to run the same software on a rival cloud like AWS, creating a powerful, anti-competitive incentive.
An Unfair Advantage
The Regulators Awaken
Governments are finally taking notice. Antitrust authorities from the US to the EU and UK are launching investigations into the cloud market's lack of competition, targeting the very lock-in mechanisms that sustain the oligopoly.
USA
The FTC has launched a formal inquiry into anti-competitive practices, with a focus on egress fees and software licensing.
United Kingdom
The CMA's market study cited "significant concerns" about the dominance of AWS and Microsoft, triggering a deeper investigation.
European Union
The groundbreaking Digital Markets Act (DMA) and Data Act directly target vendor lock-in, aiming to make switching providers "fast, free and technologically fluid."