Tuesday, August 30, 2011
Posted by D. Daniel Sokol
According to the news story, Wikileaks has shed some light into the world of diplomacy and antitrust. According to the story:
The cable noted that Oracle representatives were “unwilling or unable to make certain divestitures to satisfy the Commission's concerns” and that without the merger Sun would “go bankrupt.”
The cable suggests the US Government lobbied on behalf of Oracle to prevent Sun from shedding any further jobs and to save face for the US Department of Justice’s Antitrust division, which had approved the acquisition months earlier.