Microsoft and Amazon Web Services could face an investigation by U.K. regulators after an independent enquiry found that competition isn’t working in the cloud services market.The U.K. Competition and Markets Authority said Tuesday that the enquiry provisionally found that the lack of competition could result in higher costs,

Amazon Inc. and Microsoft Corp.’s UK cloud service offerings are facing closer scrutiny in the UK as the watchdog said it had concerns over their market dominance.

The UK's Competition and Markets Authority (CMA) has announced its preliminary findings that the cloud services market "is not working as well as it could be." That relatively vague statement follows a 16-month investigation into the UK's cloud services market,