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What licenses does Magento use?

The Magento Community Edition is licensed under the Open Software License (OSL) v3.0, an open source certified license. More information about Magento's license can be found at http://www.magentocommerce.com/license/. The premium, Magento Enterprise Edition product is licensed under a commercial license.

Why Open Source?

A recent report by O'Reilly Research on usage of Open Source in the enterprise, provides a number of reasons for the rise and meteoric growth of Open Source products, including: Agility and scale, reduced vendor lock-in, quality and security, cost, and innovation.