The UK's Competition and Markets Authority is opening a formal investigation into whether Microsoft's bundling of Windows, Office, Teams, Copilot, and related products harms competition . Engadget reports: "Our aim is to understand how these markets are developing, Microsoft's position within them and to consider what, if any, targeted action may be needed to ensure UK organizations can benefit from choice, innovation and competitive prices," CMA Chief Executive Sarah Cardell said in a statement published by Reuters . She also stressed the importance of the investigation by noting that hundreds of thousands of UK residents use business software and Microsoft products. The organization will take a look into the company's cloud licensing practices. The CMA has stated that the inquiry will conclude by February. At that point, Microsoft could get slapped with a strategic market label.…