News (3)

  • Oracle president backpedals on 'oligopoly' report

    In a government deposition, Oracle President Charles Phillips downplayed the relevance of a report he issued in his previous job as Morgan Stanley analyst, in which he declared that SAP, Oracle and PeopleSoft comprised an oligopoly for back-office business applications.

  • Economist: Oracle-SAP duopoly would hurt market

    An economist testified Friday that an Oracle takeover of PeopleSoft would allow the database powerhouse and SAP to unfairly dominate the market for business software.

  • Justice Department staff oppose Oracle bid

    Antitrust division lawyers at the U.S. Justice Department are recommending that the department file suit to block Oracle's acquisition of PeopleSoft, indicating that Oracle may face a serious setback in its embattled bid for its rival.

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