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EC Hands Down Formal Objection to Oracle-Sun Deal

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EC Hands Down Formal Objection to Oracle-Sun Deal

Posted by John Overridex on Nov 9th, 2009 and filed under News RSS. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

EC Hands Down Formal Objection to Oracle-Sun Deal

UPDATED: The EC, antitrust arm of the 27-nation European Union, informed both Oracle and Sun about the decision because the deal includes the freely available and popular MySQL Web database. The regulators see a major conflict of interest in the world’s largest commercial database company owning its largest open source competitor.
– It wasn’t much of a surprise to people following the progress of the Oracle’s acquisition of Sun Microsystems that a formal objection to the $7.4 billion deal was handed down Nov. 9 from the European Commission.

The EC, the antitrust arm of the 27-nation European Union, informed both Oracle and S…


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Startup News & Technology | EC Hands Down Formal Objection to Oracle-Sun Deal

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