Hazlett on Oracle: “The Antitrust Debacle”
Good article by Tom Hazlett on the Oracle-PeopleSoft case (from the Financial Times):
The US government’s antitrust enforcers have been rebuked. In a stinging rejection of the Department of Justice’s lawsuit to block the acquisition of PeopleSoft by Oracle, federal judge Vaughn Walker handed the antitrust division its collective head. While the DOJ alleged that the merger would substantially reduce competition in enterprise software applications for high-end corporate users, Oracle is now free to pursue its hostile tender for PeopleSoft shares…
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