Google Cloud Fires Up Cloud War With Commission Cut: CNBC

Alphabet Inc's GOOG GOOGL Google Cloud Platform slashed its revenue share from 20% to 3% from customers' purchasing software from other vendors on its cloud marketplace CNBC reports.
It marks Google's attempts to attract independent software makers from Amazon.com Inc AMZN Amazon Web Services, and Microsoft Corp MSFT Microsoft Azure to sell their products on Google's cloud.
AWS charges a listing fee of 5% from its marketplace. Microsoft slashed its price from 20% to 3%. Google shortly aims to announce a change to its Marketplace fee structure.
Earlier this year, Google, followed by Apple Inc AAPL, reduced their app store's developers' service fee by half to 15% on the first $1 million they earn in revenue in a year.
Microsoft Corp MSFT squeezed its commission from game purchases from its Windows app store from 30% to 12%.
Price Action: GOOG shares traded lower by 0.41% at $2,841 premarket on the last check Monday.