Big Tech

Microsoft Teams Settlement Offer Ends EU Abuse Probe

Microsoft Corp. avoided a hefty antitrust penalty after the European Union accepted its commitments to settle a probe into the alleged illegal bundling of its Teams video-conferencing app.

Microsoft’s promise to carve out Teams from its hugely popular Office packages allayed competition concerns, EU regulators said in a statement Friday. The move comes after rivals and customers raised no serious objections in a market test.