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M365 Records Management, Information Governance & eDiscovery– Optimized behavior of file versions preserved in SPO & ODB

To improve performance, any file with multiple versions that is deleted from SharePoint or OneDrive which is preserved to the Preservation Hold Library (due to its applicable retention label, retention policies or eDiscovery holds) will now be retained as a single file containing its full version history, rather than each version being retained as individual files as has been the case until now.
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