The U.S. Supreme Court will not hear a bid by SAP (SAP) to avoid litigation brought by Teradata (TDC) accusing the European company of violating U.S. antitrust rules, Reuters’ Mike Scarcella reports. The nation’s highest court turned away the appeal of a lower court’s ruling that allowed Teradata to pursue allegations that its larger German rival violated antitrust law by tying sales of business-planning applications to the purchase of a key SAP database, the author says, noting that Teradata makes a competing database.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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 awarded $1B Army contract
- Starbucks announces restructuring, CoreWeave expands OpenAI pact: Morning Buzz
- SAP under EU antitrust probe over software support practices, Bloomberg says
- Amazon (AMZN) Taps Software Giant in $9B Push to Float ‘Independent Cloud for Europe’
- Amazon Web Services, SAP expand sovereign cloud collaboration
