Yes, you can automatically allow people in your organization bypass the lobby. Configure in Teams admin center > Meetings > Meeting policies > Participants & guests.
For more details, please refer to https://support.microsoft.com/en-gb/office/change-participant-settings-for-a-teams-meeting-53261366-dbd5-45f9-aae9-a70e6354f88e.
However, for other people, it also uses the lobby feature to admit people to join the meeting.
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