Infosys says Cognizant used its healthcare business for market control

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In the latest twist in an ongoing legal battle, Infosys has accused Cognizant Technology Solutions of leveraging monopoly power to block the former from competing against its healthcare platform Cognizant TriZetto Software Group.

In its latest filing with a US district court in Dallas, Texas, Infosys also alleged that the New Jersey-based IT firm charged inflated prices to its customers by reducing its own output and that it stifled competitors for TriZetto to maintain market dominance.

ET has reviewed the 35-page document, which was submitted on March…



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Infosys says Cognizant used its healthcare business for market control


In the latest twist in an ongoing legal battle, Infosys has accused Cognizant Technology Solutions of leveraging monopoly power to block the former from competing against its healthcare platform Cognizant TriZetto Software Group.

In its latest filing with a US district court in Dallas, Texas, Infosys also alleged that the New Jersey-based IT firm charged inflated prices to its customers by reducing its own output and that it stifled competitors for TriZetto to maintain market dominance.

ET has reviewed the 35-page document, which was submitted on March…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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