Slack isn’t happy with Microsoft. On July 22, the popular team messaging company filed a complaint against Microsoft before the European Commission.
Slack (WORK) - Get Slack Technologies, Inc. Class A Report alleges that Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report used anticompetitive practices and unfairly forced its Microsoft Teams collaborative software on millions of users. Slack says Microsoft did this by "force installing it for millions” and “blocking its removal."
“We’re confident that we win on the merits of our product, but we can’t ignore illegal behavior that deprives customers of access to the tools and solutions they want,” Jonathan Prince, Slack's vice president of communications and policy, said in a statement. “Slack threatens Microsoft’s hold on business email, the cornerstone of Office, which means Slack threatens Microsoft’s lock on enterprise software.”
Microsoft Teams is a collaboration platform that combines chat, video meetings, file storage, and more.
In 2019, Microsoft Team had 13 million daily active users and Slack had 12 million daily active users. However, Slack said its users are paying for the platform, while Microsoft Teams is free and included in the Microsoft suite.
Microsoft is scheduled to report fourth-quarter earnings on July 22.
Shares of Slack were down 3.3%, while Microsoft was up slightly 1.2%.
Latest Videos From TheStreet and Jim Cramer:
- Jim Cramer: Economy Will Lose Momentum Without More Stimulus
- Jim Cramer: eBay Stock Is Going to Go Higher
- Amazon Prime Day Pushed Back, New Date Not Yet Released
- Tesla Reports Earnings: Here's What to Expect
- What Is Trump’s Economic Plan and How Will it Impact Stocks?
- Coronavirus Update: U.S. Places Nearly $2 Billion Order for Pfizer Vaccine
- Walmart Is Paying $428 Million In Bonuses to Its Frontline Workers