The Justice Department's Antitrust Division hasn't gone to trial to block any proposed mergers in over two years -- ever since Northern District of California Judge Vaughn Walker cleared the way for the Oracle-PeopleSoft merger over the objections of the division's trust-busters. But division head Thomas Barnett rejects speculation that fear has fueled the recent trend, saying that less confrontational means are working. "We apply the law," he says. "And if we think there's a problem, we pursue it."
January 11, 2007 at 12:00 AM
1 minute read
For more than two years, the Justice Department’s Antitrust Division has been trying to shake the perception that it’s been snakebitten.
In this case, the fangs, as it were, were those of Judge Vaughn Walker and his 2004 opinion clearing the way for software maker Oracle Corp.’s merger with PeopleSoft Inc. over the objections of the Justice Department’s trust-busters.
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