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EC Formally Objects To Oracle's Purchase of Sun
eldavojohn writes "The EC has presented Oracle and Sun with a statement of objections. Despite the promotion of former MySQL CEO Marten Mickos, the statement seems to focus entirely on
what many have feared: MySQL vs. Oracle databases. From Sun's 8-K SEC filing: 'The Statement of Objections sets out the Commission's preliminary assessment regarding, and is limited to, the combination of Sun's open source MySQL database product with Oracle's enterprise database products and its potential negative effects on competition in the
market for database products.' The EU and the EC are getting a rep for disagreeing with US counterparts." On Monday afternoon the DoJ reiterated its support for the deal. Matthew Aslett has a helpful timeline of the action from the EC.
Ellisons refusal to spin it off is the strongest indication that the purpose of acquiring MySQL as part of the deal is anti-competitive.
You actually have it completely backwards. Ellison is, in fact, being competitive through the acquisition. It is the EU who is being anti-competitive, by wielding government force against what would otherwise be a voluntary, mutually agreed upon transaction.
Mine is Good
The only way a monopoly could happen under freedom is by giving people the values they want at a reasonable price.
On the other hand, governments create coercive monopolies through licensing, franchises, subsidies, and outright nationalization. These monopolies do not need to give people the value they want, nor does the price need to be competitive.
Mine is Good
hush you, I know plenty of eurotrash, and hardly any of them are eurofags.