BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Microsoft Antitrust Resolution Lifts Shares as EU Accepts Teams Concessions
Microsoft Antitrust Resolution Lifts Shares as EU Accepts Teams Concessions
12
2
BTCCSquare news:
Microsoft Corp. shares gained 1.46% in early trading after European regulators accepted the tech giant's commitments to unbundle Teams from Office suites, ending a protracted antitrust investigation. The European Commission confirmed the settlement Friday, validating Microsoft's April 2023 decision to market Teams separately following complaints from rivals like Slack.
The resolution removes a regulatory overhang that had persisted since Salesforce-owned Slack filed its 2020 complaint. Microsoft's proactive restructuring of its productivity software bundles preempted potential fines, demonstrating how major tech firms are adapting to increased EU scrutiny. Trading volume spiked as investors priced in the reduced regulatory risk.
By:
