EU pursues Oracle-PeopleSoft case
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BRUSSELS, Belgium -- European Union regulators suggested Monday they are not bound by a US decision to allow Oracle Corp. to pursue its $7.
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The European Commission has resumed its probe of Oracle's &#36;7.7 billion hostile attempt to buy PeopleSoft in a bid to complete approval before Competition Commissioner Mario Monti leaves office, sources familiar with the situation said on Thursday.
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Key dates in the European Union's antitrust proceedings against Microsoft Corp.:
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The European Union&#39;s competition commissioner, Mario Monti, is ready to allow Oracle to proceed with its $7.7 billion hostile takeover bid for its software rival PeopleSoft
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Oracle is getting good at jumping legal hurdles. Tuesday the European Commission announced it won&#39;t block Oracle&#39;s proposed hostile takeover of PeopleSoft.
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Amid reports that the European Commission is poised to approve Oracle&#39;s proposed takeover of PeopleSoft, a spokesperson for the European Union said Friday that the EU&#39;s competition commissioner, Mario Monti, would like to finish the case before he leaves
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The European Commission says it will go forward with its antitrust case against Microsoft, despite the software giant&#39;s recent settlements, which led to Novell and the Computer and Communications
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BRUSSELS The European Commission is expected Tuesday to approve Oracle&#39;s $8 billion acquisition of PeopleSoft without conditions attached, a person briefed on the investigation said Monday.
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Oracle yesterday extended its controversial bid for enterprise resource software provider PeopleSoft, while both companies await the final judge&#39;s ruling in the Department of Justice (DoJ) anti-competition case.
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The European Commission has no objection to Oracle&#39;s takeover bid for PeopleSoft. That decision, coming after Oracle&#39;s antitrust victory in the US, means that Oracle faces no more regulatory impediments to its proposed takeover.
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The European Commission is set to give US software giant Oracle the go-ahead to take over arch-rival PeopleSoft in a $7.7 billion (4.
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LONDON -- Enterprise software giant Oracle Corp. may be known for big plans and bold moves but when it comes to capturing the European market the Redwood Shores, California, company has realized it also has to think small.
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The European Union&#39;s head office took Germany to court Wednesday to challenge a German law that effectively protects Volkswagen AG, one of the country&#39;s biggest employers, from hostile takeovers.
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The European Commission is still in  talks with Oracle Corp ORCL.O over its plan to take over  rival software firm PeopleSoft Inc. PSFT.O, but aims to take  a decision before the end of October, a Commission spokeswoman  said on Friday.
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Two of the European Union&#39;s landmark antitrust decisions against US companies are in court this week as WorldCom Inc. seeks a moral victory and Microsoft Corp.
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The European Commission has resumed  its probe of Oracle's $7.7 billion hostile attempt to buy  PeopleSoft in a bid to complete approval before Competition  Commissioner Mario Monti leaves office, sources familiar with  the situation said on Thursday.
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As expected, the European Commission announced Tuesday it has ruled that Oracle Corp. can proceed with its hostile acquisition attempt of PeopleSoft Inc.