Oracle (ORCL)

Oracle Corp., the world’s biggest maker of database software, was told by European Union regulators that its $7.4 billion purchase of Sun Microsystems Inc. may break antitrust rules. The European Commission, the EU’s antitrust agency, issued a so-called statement of objections today, Sun said in a regulatory filing. The commission said Oracle’s acquisition of Sun’s MySQL database software causes competition concerns.

Nov 9 · 7:13:00 PM · Source: Bloomberg
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by Larry Etter