(credit: Microsoft)
At the start of this year, Brussels’ antitrust chief Margrethe Vestager warned data-hoarding tech giants that she was looking at them very closely—even though she was yet to spot a “competition problem.” In June, Microsoft—with its planned buyout of LinkedIn—caught the eye of the Dane, who has been examining whether the £18.5 billion ($26.2 billion) deal should clear a regulatory hurdle in the 28-member-state bloc.
On Wednesday, a spokesperson at Vestager’s office—which has been looking at the business activities of the two firms to determine whether the proposed merger could be bad for competition—confirmed to Ars that it had “received a commitments proposal” from Microsoft and LinkedIn.
It comes after Salesforce boss Marc Benioff, who had reportedly been considering a takeover of LinkedIn before Microsoft stepped in, told Recode that he had pushed the US Federal Trade Commission to probe the proposed merger. The deal has already received regulatory clearance Stateside, however.
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Source: Ars Technica – Microsoft offers antitrust concessions to EU over LinkedIn purchase