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Microsoft to unbundle Teams software in Europe in bid to abate EU antitrust concerns - TL;DR CNBC

Microsoft to unbundle Teams software in Europe in bid to abate EU antitrust concerns

Publishing timestamp: 2023-08-31 04:31:58


Summary

Microsoft will unbundle its chat and videoconference service Teams from its Microsoft 365 productivity suite in order to address European Union antitrust concerns. Starting October 1, Microsoft will sell packages without Teams at a discounted price in the European Economic Area and Swiss regions. Existing customers can choose to keep their current package or migrate to a product without the videoconferencing app. The European Union had opened an antitrust investigation into Microsoft's bundling of Teams with other Office products, citing anti-competitive concerns. Microsoft has pledged to enhance resources on interoperability and create mechanisms to host Office web applications within competing apps and services. The investigation is still ongoing.


Sentiment: NEUTRAL

Tickers: MSFT

Keywords: technologycomputer hardwaremicrosoft corpsoftwarebusiness newsbreaking news: technology

Source: https://www.cnbc.com/2023/08/31/microsoft-to-unbundle-teams-software-in-europe-in-bid-to-abate-eu-concerns.html


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