Cognizant Slams Infosys' Antitrust Claims
Cognizant Slams Infosys' Antitrust Claims
US court told allegations lack evidence to support monopolization claims
Cognizant Technology Solutions urges a US court to dismiss Infosys' antitrust counterclaims, asserting that the Indian IT giant's allegations of monopolization and anti-competitive practices lack factual evidence.
The dispute revolves around Cognizant's alleged dominance in the healthcare software sector, with Infosys claiming the company blocked its Helix platform from competing fairly. However, Cognizant fired back, arguing that Infosys' allegations of inflated prices, restricted market entry, and predatory hiring practices are baseless.
Cognizant emphasized that hiring from competitors is standard industry practice and doesn't violate any laws. With the US court set to decide the fate of Infosys' antitrust claims, the outcome of this case could have far-reaching implications for the tech industry.
