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Chris Markoch

Microsoft Could Rally as EU Antitrust Case Nears Resolution

European Union Microsoft MarketBeat

It didn’t really need much boosting, but Microsoft Corporation (NASDAQ: MSFT) stock got more good news in a week when the market is looking for direction. The latest catalyst for the stock is news that the company is likely to avoid fines from the European Union’s (EU) antitrust case regarding Microsoft Teams.

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At issue were allegations that Microsoft had abused its market dominance by incorporating Microsoft Teams into its Office suite, which includes signature applications such as Word, Excel, and Outlook. Microsoft has proposed offering the Office suite without Teams at a lower price than when Teams is included.

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