Earlier quoted context omitted.
I think it shows market failure when someone can offer exactly the same service as a competitor (an S3 API) for an 80% lower price, and not almost immediately take over the whole market. I think governments need to step in and require that compute platforms like AWS are split up into constituent parts, and there is no cost disadvantage to mix-n-matching between suppliers. Eg. VM's on Azure and storage across the road…
There's a natural stickiness to cloud infra and SaaS which lends providers a pseudo monopolistic pricing power, even when competitors are present. Some regulation requiring a common API and one click solution to transfer between providers would help solve this. Needs to be implemented intelligently though
> From January 1st 2023, we will consider it anti-competitive for cloud providers to price internal service bandwidth at a rate lower than internet bandwidth to a competing service.