MSFT - Slack Accuses Microsoft of Illegally Undermining Competition With Teams Bundling
Bundling can be remarkably powerful strategy, maybe even too powerful in some cases. That strategy is at the heart of a formal antitrust complaint filed in the European Union by Slack (NYSE: WORK), alleging that Microsoft (NASDAQ: MSFT) is violating competition laws by including Teams in its ubiquitous Office suite. Microsoft has become Slack's biggest competitor amid the latter platform's skyrocketing popularity in recent years, which has only accelerated during the COVID-19 pandemic.
The complaint is also eerily reminiscent of similar past skirmishes among tech companies.
Image source: Slack.