Close
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications
    • Database

    Report: DOJ Readies Antitrust Case Against Oracle

    By
    Renee Boucher Ferguson
    -
    October 2, 2003
    Share
    Facebook
    Twitter
    Linkedin

      A report published Thursday suggests that the U.S. Department of Justice is readying its antitrust suit against Oracle Corp. stemming from the companys bid to take over ERP rival PeopleSoft Inc.

      The report, published in USA Today this morning, cites attorneys close to the deal that have cited moves within the DOJ that signal its readiness to file suit against Oracle, of Redwood Shores, Calif.

      In June Oracle lobbed a $7.3 billion takeover bid at enterprise resource planning software maker PeopleSoft, of Pleasanton, Calif. The DOJ initially looked into the deal and later in the summer made a second request for information from Oracle.

      Since that second request, DOJ attorneys have been interviewing current and potential PeopleSoft customers—evidence of a future trial, according to the newspaper report.

      A DOJ spokeswoman in Washington confirmed that the investigation is ongoing but declined to comment on the Justice departments next moves, citing the Hart-Scott-Rodino Antitrust Improvements Act that stipulates confidentiality.

      Oracle, of Redwood Shores, Calif., is also facing scrutiny from the European Union and a majority of States Attorneys General. Texas is reportedly leading the 38-state working group that is currently investigating the antitrust issues of the proposed acquisition. Whats interesting about the States investigation is that at least 15 of the 38 states have interests as both consumer protectors and consumers themselves of PeopleSofts e-business software.

      Its unclear whether the states would wait until a ruling from the DOJ before taking action. A spokesman for Texas Attorney General Greg Abbots office declined to comment on the working groups actions regarding Oracle, but did confirm that Texas is continuing to monitor the transaction.

      PeopleSoft, which is suing Oracle in California state courts to stop the hostile takeover, declined to comment on the report.

      Editors note: This story has been updated since its original posting to include verification from the DOJ and the Texas Attorney Generals office.

      Discuss this in the eWEEK forum.

      Renee Boucher Ferguson
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.

      MOST POPULAR ARTICLES

      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Applications

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Applications

      Kyndryl’s Nicolas Sekkaki on Handling AI and...

      James Maguire - November 9, 2022 0
      I spoke with Nicolas Sekkaki, Group Practice Leader for Applications, Data and AI at Kyndryl, about how companies can boost both their AI and...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×