Oracle to pay $ 200 million and the United States Department of Justice reached settlement
East Coast time on October 6, according to a MarketWatch report, Oracle is paid about $ 200 million, and the United States Justice Department settlement.
United States Department of Justice to Oracle sued, alleging Oracle cheat in the contract to the Federal Government, leading government customer transaction price is above the Oracle-provided to commercial customers in the price.
“Oracle has settled a qui tam case with the General Services Administration relating to a contract that dates back 13 years ago to 1998. Oracle vigorously denies that it did not scrupulously adhere to the pricing requirements of that contract. The company has always had strong controls in place to insure that the government agencies who purchased from the GSA schedule received fair pricing. Oracle never committed any fraud whatsoever. Given that the events surrounding this case took place so long ago, not surprisingly many of the witnesses are no longer available or do not clearly recall these events. Oracle has therefore decided to avoid the distraction and high cost of litigating this case by settling. We remain committed to the highest principles of integrity in our relationships with Government customers.”