Microsoft Faces EU Antitrust Investigation Over Unfair Competition Concerns with Teams and Office Software Bundling
Portfolio Pulse from Anusuya Lahiri
The European Union has launched an antitrust investigation into Microsoft Corp over allegations of abuse of its dominant position by bundling its Teams videoconferencing app with its Office productivity software. The probe was triggered by a 2020 complaint by Salesforce's Slack Technologies, which alleged that Microsoft was forcing companies to install Teams and blocking its removal. Microsoft shares traded lower by 1.39% following the news.
July 27, 2023 | 5:38 pm
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Microsoft is under investigation by the EU for alleged antitrust violations related to its Teams and Office software bundling. This news led to a 1.39% drop in Microsoft's share price.
The EU's antitrust investigation into Microsoft's alleged abuse of its dominant position by bundling its Teams app with its Office software could potentially lead to fines and changes in Microsoft's business practices. This uncertainty is likely to have a negative impact on Microsoft's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Salesforce's Slack Technologies triggered the EU's antitrust investigation into Microsoft by filing a complaint in 2020 alleging that Microsoft was forcing companies to install Teams and blocking its removal.
While Salesforce's Slack Technologies played a role in triggering the EU's antitrust investigation into Microsoft, the direct impact on Salesforce's share price is uncertain. The outcome of the investigation could potentially affect the competitive landscape in the workplace collaboration software market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50