Feeds

Time called on EC - Oracle investigation

Lack of info

  • alert
  • submit to reddit

Application security programs and practises

The European Commission has called time out in its investigation into Oracle's takeover of Peoplesoft.

The EC said Oracle had failed to provide evidence of how it negotiates prices with customers without which the investigation cannot continue. The Commission wants evidence of the discounts offered to companies signing big contracts.

The stoppage could be important because it could delay any decision in Europe until after the US courts have ruled on the matter. The EC was due to rule on 11 May - ahead of any decision from the US courts. The US Department of Justice went to court in February and its ruling is due in June.

The Competition Commission is concerned that the market for large scale enterprise software would be reduced by the takeover from three players - Oracle, Peoplesoft and SAP - to just two. It also said potential collusion between the two remaining players would work against the interests of consumers.

Oracle said in a statement: "We can confirm that we have received a request from the European Commission for additional information on our proposed transaction for PeopleSoft. We will continue to cooperate with the Commission and will respond as quickly as possible." ®

Related stories

Oracle counters EC competition claims
Oracle pitches EC over Peoplesoft
US DoJ sues to block Oracle's $9.4bn PeopleSoft bid

HP ProLiant Gen8: Integrated lifecycle automation

More from The Register

next story
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
Orange spent weekend spamming customers with TXTs
Zero, not infinity, is the Magic Number customers want
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
NBN Co execs: No FTTN product until 2015
Faster? Not yet. Cheaper? No data
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.