Oracle to Pay $46M to Settle Kickbacks Charges

Ever wonder why companies do stuff like this? Hmmm, maybe it is because you can offer kickbacks to get hundreds of millions of dollars worth of contracts but only have to pay $46M when you get caught.

The Department of Justice charged that Sun Microsystems Inc., which Oracle bought last year, and other technology companies paid kickbacks to Accenture PLC for Accenture to recommend that federal agencies buy Sun products. The Justice Department said last year that the lawsuit covered software contracts that ran from 1998 to 2006 and were worth hundreds of millions of dollars.

Comments