SAP (SAP) is set to formally offer concessions in an effort to settle an EU antitrust probe and avoid a potentially significant fine, Reuters reports. The European Commission is expected to seek market feedback from rivals and customers in the coming weeks, people familiar with the matter say.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAP:
- SAP to offer concessions to settle EU antitrust probe, Reuters reports
- Snowflake, SAP collaborate for AI Data Cloud, Business Data Cloud integration
- Nvidia and Deutsche Telekom to Build $1.2 Billion AI Data Center, Expanding Europe’s AI Power
- SAP price target raised to EUR 300 from EUR 295 at Morgan Stanley
- Promising Outlook for SAP SE: Overcoming Macroeconomic Concerns and Capitalizing on S/4HANA Transition