Earlier in the month, the EC issued a "statement of objections" to Sun, showing different reasons why antitrust regulators were weary of the proposed acquisition.  There is concern that the deal, which Oracle rivals Hewlett-Packard and IBM have helped bring to the headlines, would give Oracle an unfair advantage.

"Some have raised concerns over the company's ability to continue to employ its thousands of workers," Senators informed Charge d'Affaires Angelos Pangratis, who serves as the European Commission liaison to the United States.

Specifically, 59 senators pointed out the risk of thousands of jobs -- and millions of dollars lost -- if the EC pushes the investigation back further, or stops Oracle from closing the deal.  Sun reportedly lost $120 million in the most recent financial quarter, and continues to bleed money while idling until the deal can be completed.

Even with the political power of almost 60 U.S. senators, it's unknown if the EC will approve of the deal any time soon -- Oracle also said it is ready to dig in and prepare for battle over Sun, even if the company continues to suffer because of it.

The proposed deal, which U.S. antitrust regulators has already approved, was expected to close before the end of the year.  The longer it takes before the investigation is done, the more money Sun stands to lose each financial quarter.