November 9, 2009

EU Issues Objections to Oracle's Sun Acquisition

Article Source ComputerWorld
November 9, 2009, 2:30 pm

The European Commission has issued its formal "statement of objections" over Oracle's planned acquisition of Sun Microsystems, Sun said in a regulatory filing Monday.

The move is a procedural step in which the Commission lays out its preliminary views about how it thinks the merger might infringe Europe's competition laws. The filing of the statement was rumored last week to be imminent, and follows the Commission's decision in September to launch an in-depth investigation of Oracle's acquisition of Sun...

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