The EU Commission approves a merger between competitors in software applications for businesses (Oracle / PeopleSoft)

"Merger control: Main developments between 1 September and 31 December 2004"* The Commission approved Oracle Corp’s acquisition of PeopleSoft Inc. The two companies are rival makers of software applications for businesses. After a detailed investigation, the Commission concluded that there was insufficient evidence of competitive harm. Especially as the large and complex companies (often multinationals) that use the software to automate their financial management systems and their human resource

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The EU Commission approves a merger between competitors in software applications for businesses (Oracle / PeopleSoft), 26 October 2004, e-Competitions Bulletin October 2004, Art. N° 38320

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