German software developer SAP SE, product reseller Carahsoft Technology Corp. and other companies are being probed by US officials for potentially conspiring to overcharge government agencies over the course of a decade.

German software developer SAP SE (NYSE:SAP), and product reseller Carahsoft Technology are among companies being probed by U.S. officials for potentially conspiring to overcharge government agencies over the course of a decade,

The U.S. is investigating several companies, including German software developer SAP SE and Carahsoft Technology, for potentially conspiring to overcharge government agencies over the course of a decade,

German software developer SAP SE, product reseller Carahsoft Technology, and other companies are being probed by U.S. officials for potentially conspiring to overcharge government agencies over a decade,

The Department of Justice has been looking into whether business software maker SAP illegally conspired with Carahsoft to fix higher prices on sales to the U.S. military and other government agencies, Bloomberg reported, citing federal court records filed in Baltimore. The investigation has been ongoing since at least 2022.

German software developer SAP SE, product reseller Carahsoft Technology Corp. and other companies are being probed by US officials for potentially conspiring to overcharge government agencies over the course of a decade.

SAP’s stock was falling Wednesday after it was reported the U.S. Justice Department is investigating the German software developer. SAP, privately-held IT seller Carahsoft Technology, and Accenture are among the companies the DOJ is looking at as part of a probe into whether they conspired to overcharge government agencies,