Government sues Oracle for overcharging
The damages could be in the hundreds of millions. Stay tuned.
Government alleges overcharging by Oracle
The U.S. Department of Justice filed a lawsuit Thursday alleging that Oracle Corp. defrauded the government in a software deal that involved hundreds of millions of dollars.
The contract with the General Services Administration, in effect from 1998 to 2006, required the Redwood City software giant to disclose and extend any commercial discounts to government customers, the government said Thursday. The suit claims that Oracle misrepresented its sales practices in several ways, forcing the government - and by extension taxpayers - to overpay.
