EU gives Oracle extra time to justify Sun merger


EU gives Oracle extra time to justify Sun merger

The EU has pushed back its deadline for reviewing the Sun merger after granting a request from Oracle to provide more time to provide a counter argument to concerns over competition.

Originally the EU had planned to conclude its investigations into the merger on 19 January but it is now given until the 27 of that month to give Oracle the time it needs to develop a response.

The investigation was kicked-off in September after the Commission raised concerns that Oracle would gain complete dominance in the database market and ever since a war of words has ensued with the EU competition commissioner Neelie Kroes putting the pressure on the US vendor.

Last month a spokesman speaking on her behalf claimed that not enough had been done to quash the competition concerns.

Oracle announced in April 2009 that it would buy Sun for $7.4bn, but the merger has been held up by the EU despite getting clearance from the US authorities. Sun has since blamed the delays for directly contributing to it making thousands of job cuts.

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