It'd be similarly difficult to argue they're acting anti-competitively when Slack is thriving.
How they gained this foothold in desktop productivity software is left as an exercise to the reader.
Why is messaging a new/different market for Microsoft regarding O365? Microsoft has been including business-targeted messaging/collab tools in O365 for years. Skype for Business preceded Slack, let alone Office Communicator or Linc, not to mention Outlook.
Is Slack profitable?
Lookup diapers.com for instance. Amazon sold diapers below cost to gain marketshare, took all customers from diapers.com, those guys went bankrupt, and Amazon upped the prices to higher levels than before.
I am not suggesting breaking up Microsoft and Teams, I am suggesting that giving away Teams for free should not be allowed, it needs to be fairly priced. But Microsoft has good lawyers of course.