EU Launches Antitrust Probe into Microsoft's Office Suite Following Remedies Failure

Microsoft is likely to face an antitrust investigation by the European Union (EU) after discussions with the EU watchdog to resolve the issue have stalled. The investigation stems from a complaint by Slack, alleging that Microsoft unfairly integrated its workplace chat and video app, Teams, into its Office product. Microsoft had offered to cut the price of its Office product without Teams, but the EU Commission is seeking a deeper price reduction. If found in breach of EU antitrust rules, Microsoft could face a fine of up to 10% of its global turnover.