09.08.2004, 14:43 | #1 |
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SAN FRANCISCO - Three weeks after the trial phase ended in the U.S. government's suit to block Oracle Corp. from buying PeopleSoft Inc., the judge presiding over the case continues to grill both sides as to why documents and testimony filed under seal should be kept confidential
Judge Vaughn Walker apparently wants the explanation behind his decision, which is due to be issued in the coming weeks, to be as open as possible and not constrained by having to avoid discussion of materials filed under seal, one legal expert said. "The Oracle case is a high-profile case, and his decision will be analyzed and the subject of considerable comment," noted Jeff Shohet, a San Diego-based partner with the law firm Gray Cary Ware & Freidenrich LLP, which is not involved in the case. The Department of Justice filed suit in February to block Oracle's hostile takeover attempt, arguing that the deal would stifle competition and lead to higher prices. Oracle responded that Germany's SAP AG, along with dozens of smaller rivals, would provide it with plenty of competition. Подробнее... http://www.infoworld.com/article/04/08/06/...clejudge_1.html |
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