The whole reason for the sturm und drang is because the EU has been uncomfortable about Oracle taking over MySQL and further consolidating the database market. It's also clear that there is no way Oracle would be willing to buy Sun if it couldn't get MySQL. Why would it want to spend the momey? And at this point, it seems unlikely that the EU would simply back down and completely lose face.
The other possibility might be that Oracle's intransigence has paid off and the company is doing some kind of deal in which it will promise to "enable" the marketing of the open source database, which would likely mean providing just enough resources to keep regulators away while starving the product line from the development it would need in the long-term to become more of an enterprise challenge to Oracle's main product.
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