Tuesday, November 10, 2009

EC Objects to Sun-Oracle Deal

The European Commission has officially shown its objection to Oracle Corp's proposed acquisition of Sun Microsystems. The EC believes that a merger of the two companies would hurt competition in the database market. The Commission has to either approve or reject the deal by January 19th and despite the opposition there is no telling as to whether or not the deal is done just yet.

No comments:

Post a Comment