Citi Raises Price Targets on China EV Makers Amid …

.September 25, 2024 03:13:55 AM

The U.S. Department of Justice is investigating SAP SE and Carahsoft Technology Corp. for potential price-fixing practices in the software and IT sectors. The probe aims to determine if the companies have engaged in anti-competitive behavior that could harm consumers and violate antitrust laws. Both SAP and Carahsoft are major players in the industry, and any findings of price-fixing could have significant implications for their operations and reputations. The investigation is ongoing, and the companies are cooperating with authorities to provide relevant information and address any concerns raised by the probe.