Microsoft Is Amid Initiatives To Resolve EU's Concerns Over Its Workplace Chat & Video App

Microsoft Corp MSFT aims to resolve European Union antitrust concerns about its business practices spurred by Salesforce, Inc CRM workspace messaging app Slack's complaint.
The move, which could dodge a formal EU antitrust investigation, again highlighted Microsoft's new preference for working out issues with regulators, Reuters reports.
Slack alleged Microsoft unfairly integrated its workplace chat and video app Teams into its Office product.
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Microsoft introduced Teams in 2017 to tap the fast-growing and lucrative workplace collaboration market.
Microsoft doled out an introductory offer of concessions to reduce the EU watchdog's concerns.
The EU penalized Microsoft with ~$2.3 billion in the previous decade over its practices.
The report noted that the EU antitrust watchdog sent its second batch of questionnaires to rivals in October, probing for more details on Microsoft's interoperability and bundling practices.
Multiple antitrust complaints targeted Microsoft over cloud computing and bundling of OneDrive with Windows.
Price Action: MSFT shares traded higher by 1.10% at $255.29 in the premarket on the last check Tuesday.
Photo Via Wikimedia Commons

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