At one point LibreOffice + MS Office were pretty much on par with each other.
But MS has built this giant moat of integrated proprietary services around these systems that make it difficult to switch away once you are sucked into the environment.
It takes a pretty sizable expense to switch to anything else, while satisfying all of a companies different workflows for various roles and levels of experience.
If not MS Office + it's M365 Eco system, what then? Google Workspace? That's kinda the same problem in a different color?
Google tried to get kids hooked in school and it’s decent. But when you want to do serious work, you need to use Microsoft products. Google’s product is like a toy