Look at this: https://www.rnz.co.nz/news/political/481441/what-amazon-wanted-from-new-zealand-s-prime-minister Amazon & Microsoft requesting that Aotearoa NZ's gov't give them special privileges (i.e. a market advantage, even over local providers) because they promise to make a big investment (which, of course, is just TrickleDown Economics, i.e. a myth.). The money they're investing *will not provide long term benefit for Aotearoa or NZers*. It will provide long term benefit for their shareholders. At the expense of local cloud providers.
These mega-players can afford to loss-lead (selling access to their new Aotearoa-based cloud below cost, subsidised by the rest of their business in areas of the world where they've already got locked-in users to exploit) until the indigenous cloud companies go out of business. Easy. Sorta like the #Bunning business model vs. mom-and-pop local hardware stores.