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European Commission launches antitrust probe into software giant SAP
The European Commission is examining if SAP’s practices limit competition by restricting maintenance termination and charging fees, affecting thousands of European companies.
- The European Commission initiated an antitrust investigation into SAP regarding its software support service policies.
- The probe will assess whether SAP distorted competition in the aftermarket for maintenance and support services related to its software.
- SAP stated it complies with EU competition laws and expressed confidence that the investigation will not materially impact its financial performance.
- Shares of SAP fell 2% amid the investigation while the company works to focus more on cloud services.
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Good morning! Earlier this year, we described the German software company SAP as a "dusty" company, which, with 313 billion euros, is actually the largest...
·Netherlands
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Exploitation and unfair competition? EU competition protectors open a case against Germany's most valuable group: SAP. The software company could face penalties.
The EU Commission accuses SAP of using its license model to tie customers to its own customer service. The company can now react. If it does not change anything, it could cost billions.
·Hamburg, Germany
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Total News Sources80
Leaning Left8Leaning Right9Center13Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 27%
C 43%
R 30%
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