The European Commission Monday set Sep. 3. as an antitrust review date by when it will decide whether to clear Oracle Corp.'s (ORCL) proposed takeover of Sun Microsystems Inc. (JAVA), or launch a full fledged four month probe.

The deal is already being investigated by the Justice Department in the U.S, which extended its probe in late June, due to some concerns regarding the licensing of Sun's popular Java technology.

Brussels based antitrust lawyers say that the strong hold the combined company is going to have in database technology, may also become an issue.

-By Peppi Kiviniemi, Dow Jones Newswires; +3227411483; peppi.kiviniemi@dowjones.com