European regulators are to push ahead with an antitrust inquiry into IBM’s dominance of the computer mainframe market, in spite of the computer maker’s acquisition this week of the small rival whose complaint had stirred up the review.
On Wednesday, IBM annÂÂounÂÂced it was buying Platform Solutions Inc, a Silicon Valley start-up which had been trying to enter the mainÂÂframe computer business. PSI had been pursuing an antitrust suit agÂÂainst IBM in the US and had complained to European competition regulators. It withdrew the latter objection on WedÂÂnesday, just before the IBM deal, for an unÂÂÂÂÂÂnamed sum, was disclosed.
On Wednesday, IBM annÂÂounÂÂced it was buying Platform Solutions Inc, a Silicon Valley start-up which had been trying to enter the mainÂÂframe computer business. PSI had been pursuing an antitrust suit agÂÂainst IBM in the US and had complained to European competition regulators. It withdrew the latter objection on WedÂÂnesday, just before the IBM deal, for an unÂÂÂÂÂÂnamed sum, was disclosed.
Link: Financial Times
Category:
- Business
