Microsoft offers EU concessions over its $26b LinkedIn bid

BRUSSELS: Microsoft has offered concessions to EU antitrust regulators over its $26 billion (Dh95.50 billion) bid for social network LinkedIn, the European Commission said on Wednesday, as the US software company seeks to allay concerns over its largest ever deal.

The move came after the EU competition enforcer expressed concerns about the deal at a meeting with Microsoft executives last week. The Commission, which will rule on the deal by Dec. 6, did not provide details. It is expected to seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a full investigation. (Reuters)