Microsoft Offers Concessions To EU Regulators Eyeing Its $26.2 Billion LinkedIn Bid (techcrunch.com)
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.
linux, the new platinum hooker owned by microsoft!
How exactly does the EU get to decide whether one US company can acquire another?
as long as you focus on their actual goal, which is buying up companies that could one day effectively compete. Microsoft is not, has not and never will be a technology company. Sun was. DEC was. Look where it got them.
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It's not actually a concession.
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Did they ever pay that $300+ million fine to the EU, or did that just slide away?
Seven puppies were harmed during the making of this post.