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Senators Ask EC To Let Oracle-Sun Deal Go Through

An anonymous reader writes "The European Union has managed to do something that US Presidents often find difficult: to make 59 US Senators from both sides of the aisle agree on something. A group led by John Kerry (D) and Orrin Hatch (R) has sent a letter to the European Union, asking it to wrap up the investigation of the Oracle-Sun merger and let the deal go through. Interestingly, the letter emphasizes the damage the delay and uncertainty are doing to Sun." The article paraphrases a Gartner analyst, who points out that the Senators' letter "comes from a US point of view and doesn't take into account how the EU operates."

3 of 183 comments (clear)

  1. Re:Glad I am not the only one believing that... by Anonymous Coward · · Score: 1, Informative

    Is it? If you forced Microsoft to split into several parts each offering their own branched operating system, you would reduce large-firm dominance, but there's no promise this would be anti-harmful to consumers. If you forced Microsoft to split into several parts but retain the OS section in one of them, you have implicitly acknowledged an economy of scale and integration argument for large companies.

  2. Selection bias (again) by rve · · Score: 5, Informative

    This is nothing more than the EU protecting a European company from stiffer competition.

    Selection bias. When the EC recently ordered the breakup of two of the world's largest financial institutions (one of which was the largest in the world), you didn't hear about it, because they are based in the Netherlands and the UK and don't make gadgets. As such it's not news that's relevant to slashdot or any other American media, or so you will never hear about it.

    The same story with european grocery giants, beer giants, engineering giants and petroleum companies that have been investigated or sanctioned by the EC. By definition, you will never hear about it unless the target is a multinational based in the US, because you have no reason to read foreign media.

    I actually do think the EC anti trust office has overused its power under the current commissioner, especially when it comes to dismantling banks, but there is no evidence for any bias based on countries; the harshest measures have been against European companies.