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SAP investigated for price cartel in USA – share falls

» Updated: 01 October 2024, 16:56

» Published: 25 September 2024

SAP investigated for price cartel in USA – share falls
Photo: Stratmann Oliver AP/TT

Authorities in the USA are investigating the large German software manufacturer SAP and reseller Carahsoft Technology for allegedly colluding with other companies to rig prices in public procurements over a ten-year period.

Among other things, it concerns deliveries of software to the US defense forces, according to documents submitted to a court in Baltimore, USA.

The SAP share falls by over 5 percent in pre-trading on the Frankfurt Stock Exchange following the news.

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By TTThis article has been altered and translated by Sweden Herald

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