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November 17, 2016 12:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FgxM6U1iiRg/microsoft-offers-concessions-to-eu-regulators-eyeing-its-262-billion-linkedin-bid
Microsoft Offers Concessions To EU Regulators Eyeing Its $26.2 Billion LinkedIn Bid
Microsoft has offered concessions to EC competition regulators in the hopes of smoothing the way for its planned acquisition of LinkedIn. From an article on TechCrunch, submitted by an anonymous reader: An EC spokesperson confirmed it has received "a commitments proposal" from Microsoft but declined to comment further. Commitments, in EC antitrust nomenclature, refers to remedies a company can offer if the Commission has concerns a merger/acquisition may significantly affect competition. These can include proposing certain modifications to the project to guarantee continued competition on the market.The news comes two weeks after Salesforce (which itself tried to purchase LinkedIn) urged EU to take a closer look at Microsoft's takeover of LinkedIn.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FgxM6U1iiRg/microsoft-offers-concessions-to-eu-regulators-eyeing-its-262-billion-linkedin-bid
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