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.

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,

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

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 ...

Former Amazon UK Country Manager Doug Gurr Tuesday became interim chair of Britain's Competition and Markets Authority as government directs regulators to focus on growth instead of market competition compliance.

The CMA called for Amazon’s cloud services to be investigated ... the inquiry group said it was recommending the Competition and Markets Authority (CMA) use its powers under the Digital Markets ...

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

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.

The CMA has published the provisional findings from its long-running investigation into the UK cloud infrastructure services market, and is considering taking targeted action against AWS and Microsoft out of concern about the competitive impact their hold on the sector is having.

UK Competition and Markets Authority says Microsoft and AWS have an unfair dominance over the country's cloud market.

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,