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Salesforce urges regulators to probe Microsoft/LinkedIn deal

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Salesforce urges regulators to probe Microsoft/LinkedIn deal

Salesforce.comInc. plans to ask U.S. and European antitrust officials to look into 's of , Bloomberg Newsreported Sept. 29.

In astatement, Salesforce Chief Legal Officer Burke Norton said the deal, whichwould grant Microsoft ownership of LinkedIn's dataset covering 450 million professionals,"threatens the future of innovation and competition" by giving thesoftware giant an "unfair competitive advantage."

Inresponse, Microsoft President and Chief Legal Officer Brad Smith reportedlysaid the deal has already been cleared to close in the U.S., Canada and Brazil.He added that Microsoft will continue to "bring price competition to a CRMmarket in which Salesforce is the dominant participant charging customershigher prices today."

Microsoft,which reportedly outbid Salesforce for LinkedIn, agreed in June to buy theprofessional social networking company in an all-cash deal valued at $26.2billion. That same month, EU Competition Commissioner Margrethe Vestager said anyinvestigation intothe transaction would focus on whether large amounts of user data will be usedto the deal's advantage.

Salesforceis said to be among potential bidders that are interested in acquiring