Walter Bloomberg: $AMZN $GOOGL - EU CLOUD RULES COULD HIT BIG TECH BIDS A draft EU cloud computing law could...

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$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.
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