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Yeah, but other markets that have robust competition don't look like this. Why are cloud services different? Of course, the answer is that there's insanely hig
by smabie 6y ago
Yeah, but other markets that have robust competition don't look like this. Why are cloud services different?
Of course, the answer is that there's insanely high demand and massive lock-in. AWS/GCP/Azure are only competing for new customers, as existing customers are locked in by way of proprietary infrastructure. I imagine that the existing customers completely dwarf new customers, so the best move on their part is to charge high prices.
Only a non-dominant player like DO needs to make bandwidth cheap.