Oracle bid can proceed

Oracle’s hostile bid for control of PeopleSoft does not violate antitrust laws. Having worked in the technology industry, I can say that there are likely many concerned customers this morning, but that on the whole the enterprise software market needs to consolidate in order to move forward. Despite what investors and the CNBC punditocracy may say (and truth be told, I don’t pay any attention anymore), the market IS maturing and is far too fragmented at the moment for all the current vendors to thrive.