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U.S. Department of Justice Seal and Letterhead
FOR IMMEDIATE RELEASE
THURSDAY, SEPTEMBER 9, 2004
WWW.USDOJ.GOV
AT
(202) 514-2008
TDD (202) 514-1888


JUSTICE DEPARTMENT STATEMENT REGARDING DISTRICT COURTíS DECISION IN U.S. v. ORACLE

WASHINGTON, D.C. - R. Hewitt Pate, Assistant Attorney General in charge of the Departmentís Antitrust Division, made the following statement today after the U.S. District Court for the Northern District of California, Judge Vaughn R. Walker, issued its decision regarding the Justice Departmentís challenge to Oracle Corp.ís proposed acquisition of PeopleSoft Inc.:

ďWe are disappointed in the Courtís decision. We believe the facts and evidence in this case support our position that Oracleís proposed acquisition of PeopleSoft would result in a substantial lessening of competition in the markets for high function Human Resources Management and Financial Management Systems software. The Department is considering its options."

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