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Oracle EU Licensing Under Antitrust Scrutiny, Source Says

BRUSSELS, (Reuters) - The licensing practices of U.S. cloud computing company Oracle ​are on the radar of EU antitrust ‌regulators, a person familiar with the matter said, in a case similar to one involving German rival ​SAP which was settled with concessions ​in July.

The European Commission, which acts as ⁠the EU competition enforcer, is seeking information ​from third parties on the issue, the person ​said.

This could help regulators build up a case or drop it if there is no evidence of any ​wrongdoing.

Oracle did not immediately respond to an ​emailed request for comment.

"The commission will continue to monitor ‌possible ⁠further anticompetitive practices and abusive conduct in this sector. At this stage, however, there is no formal investigation into any company," a commission ​spokesperson said.

In ​July, SAP offered ⁠to make it easier for customers to switch to rival service ​providers or end their contracts, averting ​a ⁠potential fine that could be as much as 10% of its global annual turnover.

News agency ⁠MLex ​was the first to report ​on the EU scrutiny of Oracle's licensing practices.

Reporting by Foo ​Yun Chee in Brussels; Editing by Matthew Lewis

Source: Reuters


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