European Commission Objects to Oracle’s Acquisition of Sun
Oracle to “Vigorously Oppose” the Ruling
The European Commission issued a Statement of Objections on November 9th opposing Sun’s acquisition by Oracle. According to a Securities and Exchange Commission filing from Sun, the open-source MySQL database software is the sole issue of concern in the matter. In response, Oracle issued a statement saying the objection “reveals a profound misunderstanding of both database competition and open-source dynamics” and the company “plans to vigorously oppose the Commission’s Statement of Objections as the evidence against the Commission’s position is overwhelming.”
Tags: acquisition, anticompetitive, antitrust, Department of Justice, EC, European Commission, Justice Department, merger, MySQL, Neelie Kroes, regulators, Safra Catz, SEC, Securities and Exchange Commission, Statement of Objections