IBM Offers to Settle EU Antitrust Probe |
Bloomberg - Sep 20, 2011 |
International Business Machines Corp. (IBM) offered to resolve a European Union investigation into claims the company blocked competition from rival providers of maintenance services for mainframe computers.
The European Commission, the Brussels-based EU antitrust regulator, today asked for comments on IBM’s commitments to ensure the availability of spare parts and technical data. The commission also closed a separate probe over IBM’s mainframe computers after three competitors dropped complaints.
The commission in 2010 opened investigations into Armonk, New York-based IBM over possible conduct that may have blocked competitors in mainframe software and maintenance contracts by restricting access to parts. While IBM has shifted its focus away from hardware toward its more profitable software and services businesses, the mainframe operations have high gross margins and help pull in revenue for other divisions.
Read Full Article from Bloomberg
- Posted: 2011-09-20 11:19:27
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