That seems a bit too conspiracy theorist, especially considering most people have 3rd party cookies on and teams has been around for a long time now (I assume before Google announced removing 3rd party cookies)
I think the answer is more banal in that some of their oauth flow runs in a different domain from the main application. I think this is tied to wanting to reuse part of oauth flow in the desktop application.
The funny thing is that they actually have a specific error message for this asking you to enable 3rd party cookies. I guess it is easier than fixing the issue.