The European Commission has started a detailed inv
estigation into the proposed acquisition of US business software company Peopl
eSoft Inc by Oracle Corp. During the investigation, the Commission will, in particular, investigate the impact of the transaction on the m
arkets for business applications software used by large multinational companies to co-ordinate and plan their financial and human resources and their relationship with c
...[+++]ustomers, among other things. The opening of an in-depth investigation does not prejudge the final outcome.