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A Federal Judge in the Northern District of California has ruled against the U.S. Department of Justice in their Anti-trust claims brought against software giant Oracle Corporation. The DOJ sought to enjoin Oracle's hostile takeover bid of PeopleSoft on grounds that the merger would violate section 7 of the Clayton Act. In a 164-page discussion, Chief Judge Vaughn Walker ruled that the Government failed to meet their burdens of proving anticompetitive effects of the software merger. Posted by AZ at September 10, 2004 12:10 PM |