Feeds

Time called on EC - Oracle investigation

Lack of info

  • alert
  • submit to reddit

Internet Security Threat Report 2014

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

Intelligent flash storage arrays

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
Ofcom tackles complaint over Premier League footie TV rights
Virgin Media: UK fans pay the most for the fewest matches
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.