The Japan Times - EU opens antitrust probe into German software giant SAP

EUR -
AED 4.256604
AFN 72.432879
ALL 96.074129
AMD 437.254458
ANG 2.074425
AOA 1062.659363
ARS 1619.517095
AUD 1.663881
AWG 2.085917
AZN 1.973326
BAM 1.9561
BBD 2.334559
BDT 142.231841
BGN 1.980821
BHD 0.437678
BIF 3435.969361
BMD 1.158843
BND 1.483141
BOB 8.027267
BRL 6.110111
BSD 1.159078
BTN 108.61049
BWP 15.882919
BYN 3.431557
BYR 22713.321918
BZD 2.331258
CAD 1.593809
CDF 2634.050312
CHF 0.916436
CLF 0.026796
CLP 1058.324828
CNY 7.973415
CNH 7.990292
COP 4306.075006
CRC 540.087598
CUC 1.158843
CUP 30.709338
CVE 110.380095
CZK 24.446661
DJF 206.417042
DKK 7.471443
DOP 69.385728
DZD 153.71935
EGP 61.076838
ERN 17.382644
ETB 182.372874
FJD 2.574714
FKP 0.865714
GBP 0.865036
GEL 3.146206
GGP 0.865714
GHS 12.637209
GIP 0.865714
GMD 84.595281
GNF 10174.640968
GTQ 8.876363
GYD 242.593534
HKD 9.070159
HNL 30.73225
HRK 7.530188
HTG 151.984651
HUF 389.902558
IDR 19591.398997
ILS 3.618253
IMP 0.865714
INR 108.774793
IQD 1518.084271
IRR 1523936.427911
ISK 143.800676
JEP 0.865714
JMD 182.918089
JOD 0.821571
JPY 183.930975
KES 150.1631
KGS 101.339078
KHR 4652.754866
KMF 492.508173
KPW 1042.925224
KRW 1733.675267
KWD 0.355
KYD 0.965978
KZT 559.565928
LAK 24973.065545
LBP 103774.386694
LKR 364.349094
LRD 212.753766
LSL 19.526088
LTL 3.421762
LVL 0.700973
LYD 7.410824
MAD 10.849142
MDL 20.273726
MGA 4826.580671
MKD 61.580327
MMK 2433.140213
MNT 4135.877336
MOP 9.341578
MRU 46.481413
MUR 57.02801
MVR 17.90359
MWK 2012.910493
MXN 20.657755
MYR 4.584964
MZN 74.050274
NAD 19.491496
NGN 1599.180087
NIO 42.55284
NOK 11.214853
NPR 173.772685
NZD 1.989549
OMR 0.445526
PAB 1.159078
PEN 4.024644
PGK 4.989396
PHP 69.455258
PKR 323.607137
PLN 4.270288
PYG 7563.161419
QAR 4.222809
RON 5.094736
RSD 117.460436
RUB 93.28723
RWF 1691.910714
SAR 4.349934
SBD 9.330676
SCR 17.323955
SDG 696.46457
SEK 10.800884
SGD 1.48194
SHP 0.869432
SLE 28.449614
SLL 24300.369889
SOS 662.273966
SRD 43.271278
STD 23985.709473
STN 25.065773
SVC 10.142558
SYP 128.605547
SZL 19.527019
THB 37.835064
TJS 11.122096
TMT 4.05595
TND 3.366401
TOP 2.790215
TRY 51.391504
TTD 7.875277
TWD 37.015757
TZS 2978.226198
UAH 50.906737
UGX 4340.666564
USD 1.158843
UYU 47.237254
UZS 14143.678327
VES 529.016856
VND 30543.623764
VUV 138.433325
WST 3.185514
XAF 656.060577
XAG 0.016612
XAU 0.000263
XCD 3.131831
XCG 2.089039
XDR 0.81601
XOF 658.797973
XPF 119.331742
YER 276.55816
ZAR 19.711049
ZMK 10430.973939
ZMW 21.936369
ZWL 373.146959
  • CMSC

    -0.0300

    22.85

    -0.13%

  • BCC

    1.4950

    73.375

    +2.04%

  • CMSD

    0.0000

    22.74

    0%

  • AZN

    0.7100

    184.78

    +0.38%

  • RIO

    0.2200

    86.06

    +0.26%

  • NGG

    0.3400

    82.4

    +0.41%

  • RYCEF

    -0.4500

    15.6

    -2.88%

  • BCE

    0.1500

    25.91

    +0.58%

  • GSK

    0.7100

    52.7

    +1.35%

  • VOD

    0.1500

    14.63

    +1.03%

  • JRI

    0.1350

    11.815

    +1.14%

  • RELX

    -1.2500

    32.56

    -3.84%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BP

    1.0050

    44.575

    +2.25%

  • BTI

    0.0180

    57.938

    +0.03%

EU opens antitrust probe into German software giant SAP
EU opens antitrust probe into German software giant SAP / Photo: Pau Barrena - AFP/File

EU opens antitrust probe into German software giant SAP

The European Commission launched an antitrust probe into German software giant SAP Thursday over fears the company's practices may have distorted competition.

Text size:

SAP, which offers both traditional software and cloud-based computing services, can now offer commitments to address the commission's concerns, the EU executive said.

"We are concerned that SAP may have restricted competition... by making it harder for rivals to compete, leaving European customers with fewer choices and higher costs," EU antitrust chief Teresa Ribera said in a statement.

The software giant said it believed its actions were "fully in line" with competition rules.

"However, we take the issues raised seriously and we are working closely with the EU Commission to resolve them," SAP said, hoping for a "quick and fair conclusion" to the probe.

There is no deadline for the EU's powerful antitrust regulator to complete its investigation and the opening of a probe does not prejudge the outcome.

The company, however, risks a fine of up to 10 percent of its worldwide annual turnover under EU competition rules.

SAP's shares were down around two percent on Germany's blue-chip DAX index shortly after the EU's announcement at 1000 GMT.

The EU investigation is focused on software licensed by SAP known as Enterprise Resource Planning (ERP), used for the management of firms' business operations.

The commission said it takes issue with four of SAP's practices, including the inability of customers to terminate maintenance and support services for unused software licences which may result in them "paying for unwanted services".

"This is why we want to have a closer look at SAP's potentially distortive business practices, to make sure that companies that rely on SAP's software can freely choose the maintenance and support services that best fits their business needs," Ribera said.

burs-raz/ec/jxb

T.Sasaki--JT