EU to Issue Antitrust Charges Against Microsoft Over Teams Software

May 13, 2024, 02:06 PM

The European Union is set to issue new antitrust charges against Microsoft, focusing on concerns that the company is undermining competitors to its Teams software. Despite Microsoft's efforts to address these concerns by unbundling Teams from its Office suite, and a slight increase in stock value (+0.9% pre), the EU's forthcoming charges indicate ongoing regulatory challenges for the tech giant. This development follows reports from multiple sources, including the Financial Times, highlighting the persistent scrutiny over Microsoft's business practices in the European market.