Oracle Statement Regarding Oracle v. Google
Oracle has criticized Google’s monopolistic practices, stating that they have increased barriers to entry in the tech market. Dorian Daley, Oracle's General Counsel, emphasized the decade-long litigation surrounding Java as a reflection of Google's market power. The statement highlights ongoing regulatory scrutiny of Google's business practices in the U.S. and globally. Oracle’s position underscores the competitive challenges faced by tech firms against Google’s dominance. This commentary is part of Oracle's broader strategy to pose itself as a viable competitor in a rapidly evolving market.
- Oracle positions itself as a competitor against Google, potentially attracting investors interested in rival tech firms.
- Allegations of monopolistic practices by Google may suggest a challenging regulatory environment for Oracle.
AUSTIN, Texas, April 5, 2021 /PRNewswire/ -- "The Google platform just got bigger and market power greater — the barriers to entry higher and the ability to compete lower. They stole Java and spent a decade litigating as only a monopolist can. This behavior is exactly why regulatory authorities around the world and in the United States are examining Google's business practices."
- Dorian Daley, Executive Vice President and General Counsel, Oracle
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SOURCE Oracle
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