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European Commission launches antitrust probe into software giant SAP

1. European Commission launched an antitrust probe into SAP's software practices. 2. Investigation focuses on competition in maintenance and support services. 3. SAP states compliance with EU competition rules, minimizing financial concerns. 4. Shares fell by 1.4% following news of the antitrust probe. 5. SAP has a market cap of approximately 282 billion euros.

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FAQ

Why Bearish?

The probe creates uncertainty, potentially affecting investor confidence, similar to past probes in tech firms that led to stock price declines.

How important is it?

The investigation into SAP could lead to regulatory fines or operational changes, impacting financial performance and investor perception.

Why Short Term?

Negative sentiment from the probe could influence stock performance in the near term, similar to past incidents in tech sectors.

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