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Why Bill Gates is smiling today | |
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||
| Time: 07:52 EST/12:52 GMT | News Source: CNET | Posted By: Robert Stein | ||
|
Following a months-long investigation, the U.S. Justice Department on Thursday said that it would seek to block Oracle's hostile bid to acquire PeopleSoft, arguing that it would result in higher prices for technology, fewer choices and less innovation. Setting aside the question of whether Uncle Sam has a case or not, Gates surely must be savoring the moment as Larry Ellison, one of the handmaidens to the Justice Department's antitrust lawsuit against Microsoft, is finally being hoisted on his own petard. | ||
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