EU probes Oracle-Sun deal, cites open-source issue
Sep 04, 2009, 04:04 (3 Talkback[s])
(Other stories by Jordan Robertson)
"European Union regulators applied the brakes Thursday,
launching a formal antitrust probe that shatters Oracle's goal of
completing the acquisition this summer. The U.S. Department of
Justice has already approved the deal.
"The investigation is focused on whether Oracle will gain too
much power in the market for database software, which underpins
most things people do in business or on the Web. It helps companies
manage and retrieve data they've stored, such as payroll or sales
information. Typing in a search term, for example, forces a Web
site to scour a database and spit out an answer."