SAP Is Reportedly Under Investigation by DOJ for Price Fixing
SAP(SAP) Investopedia·2024-09-25 20:40
Key Takeaways Shares of German technology firm SAP listed in the U.S. fell Wednesday morning following reports the company is being investigated for potentially overcharging the U.S. government. U.S. regulators are looking into whether SAP and other companies may have conspired with Carahsoft, which sells IT hardware, software, and consulting services, to illegally fix prices. The Department of Justice is suing Carahsoft to obtain communications related to the sale of SAP software and hardware. U.S.-listed ...