NEW YORK ( TheStreet) -- Amazon (AMZN - Get Report) had a multi-year head start in the public cloud arena, making the Application Program Interface for its Elastic Compute Cloud (or EC2) a defacto industry standard.Amazon didn't sit on its laurels and milk monopoly profits. It cut prices aggressively, continuously, offering the best pricing to those who paid up-front to reserve "instances" on its cloud. The price list
The Public Cloud War Begins
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