Microsoft Seeks EU Approval for $26 Billion LinkedIn Acquisition

Advertisement
By Reuters | Updated: 17 October 2016 11:32 IST

Microsoft sought EU antitrust approval on Friday for its $26 billion bid for social network LinkedIn, a spokesman said on Friday, kicking off a month-long review by regulators of its largest deal.

"We filed today," company spokesman Robin Koch said.

He said the European Commission has set a November 22 deadline to examine the case. The EU competition authority can either clear the deal with or without concessions or it can open a lengthy investigation if it has serious concerns.

Advertisement

(Also see:  Microsoft Dives Into Social With LinkedIn Deal)

US software company Salesforce has criticised the takeover, saying it threatens innovation and competition.

Advertisement

Microsoft is expected to say that there is more than enough competition from Facebook and social networks on smartphones.

Antitrust regulators in the United States, Canada and Brazil have already cleared the deal.

Advertisement

© Thomson Reuters 2016

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Motorola Edge 70 Fusion Renders Leaked Again: See Design and Colourways
  2. Samsung Galaxy S26 Series Pricing, Specs Leak As Galaxy Unpacked Nears
  3. PS Plus Game Catalogue Will Reportedly Add Marvel's Spider-Man 2 This Month
  4. Sony WF-1000XM6 Spotted in Comparison Images With These Design Changes
  5. Google Maps' New AI Feature Could Let You Chat About Places and Routes
  6. Samsung Announces Galaxy S26 Series Launch Date as Pre-Reservations Begin
  1. James Webb Telescope Finds Galaxies Nearly as Old as the Early Universe
  2. SPHEREx Captures Dramatic Outburst of Interstellar Comet 3I/ATLAS
  3. Microsoft Warns AI Tools With Excessive Privileges Could Act as ‘Double Agents’
  4. Sony WF‑1000XM6 Leak Reveals Size Differences With WF‑1000XM5 and WF‑1000XM4
  5. Android 17 Beta 1 Expected to Roll Out to Eligible Pixel Devices Soon: Expected UI Changes, Features
  6. Lumio Vision TVs to Receive Android 14 Update With Performance Improvements; Arc Projector to Follow
  7. Maruva Tarama OTT Release Date: When and Where to Watch it Online?
  8. Hackers Use ClickFix Scam to Target Crypto Executive via Fake Zoom Meetings
  9. Heated Rivalry OTT Release Date Revealed: Know When and Where to Watch it Online
  10. The Maadhar Streaming Now on OTTPlus: Know Everything About This Tamil Short Thriller Film
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.