EU Green Lights Microsoft’s Bid for LinkedIn With Conditions

December 6, 2016, 10:50 AM ET

The European Union flag flies among European Union member countries' national flags in front of the European Parliament on October 12, 2012 in Strasbourg, eastern France. The Nobel Peace Prize was awarded on October 12, 2012 to the European Union, an institution currently wracked by crisis but credited with bringing more than a half century of peace to a continent ripped apart by World War II. Photograph by Frederick Florin — AFP Getty Images

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EU antitrust regulators cleared on Tuesday Microsoft’s $26 billion bid for professional social network LinkedIn after the U.S. software company agreed to let LinkedIn rivals operate with Microsoft products.

To secure EU approval for its largest ever deal, Microsoft (MSFT) also pledged to allow computer makers the option of not installing LinkedIn on its Windows operating operating system and allowing users to remove it from Windows.

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The European Commission said the concessions would preserve competition in Europe. Reuters had flagged the imminent EU approval on Nov. 23.

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