Amazon Brushes Off European Challenge to Its Cloud Business
- Europe wants to give its companies chance to keep data at home
- U.S. and Chinese rivals have stolen a march on European firms
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Amazon.com Inc. cast doubt over a Franco-German plan for a European cloud that would allow the continent’s businesses to keep their data from being stored in the U.S. or China.
After the European Union’s two leading nations unveiled plans for an EU-focused cloud, a spokesperson for Amazon’s AWS cloud business said such a project will lack the scale to compete with the industry’s dominant players.