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13:30 23rd October 2009
Oracle has been asked to provide more information on its planned takeover of Sun Microsystems, after the European Union raised concerns about potential breaches of its competition laws.
The EU is unhappy that the deal will result in a massive database management organisation that could infringe the rules regarding allowing competition to flourish.
Oracle has proposed a $7.4 billion (£4.5 billion) takeover of Sun and, if the deal goes ahead, there could be a significant impact on the world of database management careers, as the company would become a massive provider of database services.
A spokesperson for competition commissioner Neelie Kroes said she had "expressed disappointment that Oracle had failed to produce, despite repeated requests, either hard evidence that there were no competition problems or, alternatively, proposals for a remedy to the competition problems identified by the Commission".
The US has already given its approval to the agreement, but a number of concerns relating to the EU's competition laws have not been satisfied, which has in part held up the deal.
If it does go ahead, people in database management careers in Europe could see a major shift in the way businesses operate, as they compete with a new giant in the sector.
Written by Paul Jarvis
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