Skip to main content

Salesforce wants regulators to investigate Microsoft’s LinkedIn acquisition

linkedin antitrust salesforce marc benioff
Marc Benioff/JD Lasica/Flickr
Just months after Microsoft’s $26 billion LinkedIn takeover, Salesforce is insisting United States and European Union regulators investigate the acquisition.

As Microsoft seeks to get the deal approved by EU antitrust officials, Salesforce is planning to tell regulators about its concerns. The software company is hoping it can convince officials that the deal should be investigated over the threats it poses to competition and privacy.

“By gaining ownership of LinkedIn’s unique dataset of over 450 million professionals in more than 200 countries, Microsoft will be able to deny competitors access to that data, and in doing so obtain an unfair competitive advantage,” Burke Norton, chief legal officer, Salesforce, said in a statement.

Alongside Microsoft, Salesforce was reportedly one of five suitors bidding for the career-oriented social network. Microsoft eventually won out over its rivals (which were also rumored to include Google, Facebook, and an undisclosed additional party) by forking out $196 per share in cash, according to documents filed with the SEC.

Despite U.S. regulators having cleared the deal, an extended review process by European regulators could extend the process by months — perhaps not even clearing it by year’s end, as both LinkedIn and Microsoft had expected, Bloomberg reports.

Brad Smith, Microsoft’s president and chief legal officer, said in a statement: “Salesforce may not be aware, but the deal has already been cleared to close in the United States, Canada, and Brazil. We’re committed to continuing to work to bring price competition to a [customer relationship management] market in which Salesforce is the dominant participant charging customers higher prices today.”

LinkedIn itself is currently busy trying to launch a revamped version of its platform, including the biggest redesign of its site since its inception in 2002. The overhaul will also see it work closely with its parent company, Microsoft, to integrate chat bots into its upcoming “smart messaging” system.

Saqib Shah
Former Digital Trends Contributor
Saqib Shah is a Twitter addict and film fan with an obsessive interest in pop culture trends. In his spare time he can be…
Learn anything with these new customer deals from Udemy
Udemy new subscriber deals for online learning and upskilling

We're willing to bet that at least once or twice throughout your life, you've become interested in a topic, skill, or professional activity and wished you could learn how to do it better. You probably know that there are ample opportunities to do so online, thanks to online learning, e-learning, and digital courses. In some cases, you can even pull up a YouTube video or tutorial and dive right in. But what if you want a more structured educational experience? That's where Udemy comes into play, or more specifically, Udemy's new customer deals, available throughout the month of June. Until June 30, sign up using code UDEAFNULP0624, and you can access a hefty discount for top courses starting at just $15. All learning is tailored to focus on your goals, whether that entails getting some hands-on training, earning a certification, or just upskilling your current abilities.

 
Here's why you should sign up and start using Udemy

Read more
Independence Day Deal: Save on 3 months of QuickBooks Online and QuickBooks Payroll
Independence Day sparklers from Alondra Olivas Unsplash

Intuit QuickBooks Online and QuickBooks Payroll are mission-critical bookkeeping and finance tools for businesses of all sizes. Thanks to the administrative suite's tools and support, small businesses can especially keep up with their biggest competitors. Sure, these Intuit applications are revolutionary, but when you're on a tight budget, that might not make a difference. Just in time for Independence Day, Intuit is offering some excellent deals, allowing you to get up to 70% off QuickBooks Online and QuickBooks Payroll for your first three months. At these prices, Tom Revere would most likely approve.

 
Why shop Intuit's QuickBooks Online and QuickBooks Payroll Independence Day sale

Read more
The best data recovery software
toshiba mn series hdds hard drive disk computer storage

If you accidentally delete important files or photos, your hard drive crashes, or some glitch damaged data on your SSD, all hope is seemingly lost. Fortunately, advanced data recovery software exists that may help get your data back.

It's important to stop using the faulty drive, if possible. The only time you should use it is during the recovery process. After you've extracted as many files as you can, you can try reformatting the drive to test if it's still usable.
EaseUS Data Recovery Wizard

Read more