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Red Hat strikes a crushing blow against RHEL downstreams | The Register
(www.theregister.com)
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I find it interesting that even the conservancy can't really say whether or not it's OK legally definitively. Here's hoping someone still takes them to court over this, wins, and sets precedence that it's a violation of the GPL (extremely unlikely, but a guy can dream)
I remember people talking about potential scenarios very similar to this when Red Hat was acquired. They were right.