Sunday, March 14, 2004

PeopleSoft Merger

In other antitrust news, this is a must read interview with the DoJ's Hewitt Pate. The interview focuses on why the DoJ moved to block the PeopleSoft merger despite the growing dominance of Germany's SAP.

My favorite bit:

CNET: "Years from now, how would you like your role as head of the antitrust division to be defined?"

Pate: "...On monopolization and unilateral conduct, I would like to be thought of as someone who has a great degree of faith in the market and a lot of skepticism over the ability of antitrust agencies and plaintiffs to engineer competitive outcomes in the market."

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