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Java Industry News Now Russia Threatens to Hold Up Oracle-Sun Deal
Russia’s Federal Anti-Monopoly Service (FAS) Wednesday decided to kick off an investigation
By: Maureen O'Gara
Jan. 15, 2010 07:00 PM
Just as Oracle is reportedly about to draw a "Get Out of EC Jail Free" card next week, Russia's regulators have waded into the situation and are threatening to hold up its acquisition of Sun Microsystems. Russia's Federal Anti-Monopoly Service (FAS) Wednesday decided to kick off an investigation and seek more information about the deal from both Sun and Oracle as well as anybody else who wants to put his two cents in. It's unclear how long such an investigation could take but it could add months to closure even if remedies aren't required. Russia's formal notice of the investigation specifically mentions - in Russian - that Oracle will be acquiring MySQL.
It is believed the European Commission, suddenly sensitive to Sun's nosedive, is going to approve Oracle's acquisition of Sun early next week without any conditions and that it could reportedly be embarrassing for the EC if other jurisdictions ultimately secured real, formal remedies when Brussels did not. Oracle is reportedly playing the setback as procedural. If you read Russian see http://www.fas.gov.ru/merger/notifications/a_28550.shtml. Reader Feedback: Page 1 of 1
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