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The phrase "a major concession" is correct and usable in written English.
It can be used when discussing negotiations, compromises, or agreements where significant allowances or sacrifices are made by one party.
Example: "In the negotiations, the company made a major concession by agreeing to lower the price significantly to close the deal."
Alternatives: "a significant compromise" or "a substantial allowance".
Exact(60)
This was a major concession.
It is a major concession.
He said: "This is a major concession by the SDLP.
NATO cannot allow the appearance of a major concession.
Now the six countries have offered a major concession.
Permanently dismantling the Yongbyon complex would be a major concession.
Permitting such local parties at all was a major concession from Jakarta in the peace talks.
A Republican with knowledge of the talks said that limiting tax breaks was a major concession.
What whites offer as a major concession may indeed be too little too late.
In agreeing to the summit itself, he already made a major concession.
That provision would not be allowed to take place retroactively, a major concession from Democrats.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com