Oracle – Sun Deal To Get EU Approval / 4 Month Probe By 3rd Sep
The European Commission has set 3rd Sep as an antitrust review date by when it will decide whether to clear Oracle’s proposed takeover of Sun Microsystems or launch a full fledged four month probe.
The deal is already being investigated by the Justice Department in the U.S, which extended its probe in late June, due to some concerns regarding the licensing of Sun’s popular Java technology.
Brussels based antitrust lawyers say that the strong hold the combined company is going to have in database technology, may also become an issue.
src- wall street journal
Oracle has always had ad campaigns on being the number 1 / the biggest player in a segment. However looks like for Oracle’s acquisition of Sun, it will for once have to spend a lot of energy undermining it’s achievements and trying to prove that it is not the force that the commission might think it is.