US Authorities Investigate SAP and Carahsoft for Alleged Price-Fixing: Bloomberg News

The US Department of Justice is investigating tech giants SAP and Carahsoft for potential price-fixing, according to a report by Bloomberg News. The investigation comes at a time when scrutiny over the practices of big tech companies has been increasing.

SAP, a German software company, and Carahsoft, a government technology solutions provider, are both facing allegations of anticompetitive behavior. The Department of Justice is looking into whether the companies colluded to fix prices and stifle competition in the tech industry.

The investigation is a part of a broader effort by the US government to hold tech companies accountable for their business practices. With concerns over monopolistic behavior and unfair competition mounting, the Department of Justice is taking a closer look at the practices of tech firms.

Both SAP and Carahsoft have denied any wrongdoing and have pledged to cooperate with the investigation. However, the outcome of the probe could have far-reaching consequences for the tech industry as a whole.

As the investigation unfolds, all eyes will be on SAP and Carahsoft as they navigate the legal process and defend themselves against the allegations of price-fixing. Stay tuned for more updates on this developing story.