IBM has just announced it is buying up Platform Solutions, Inc. (PSI), its small but most significant competitor. PSI is/was a small mainframe manufacturer that had sued IBM over the same anticompetitive practices in Europe and New York.
The Computer & Communications Industry Association sees this as a clear attempt by IBM to purchase a company solely to foreclose competition in the mainframe marketplace, protecting IBM’s cash cow at the expense of consumers. This acquisition should be a cause of concern for competition authorities throughout the world.
The Computer & Communications Industry Association sees this as a clear attempt by IBM to purchase a company solely to foreclose competition in the mainframe marketplace, protecting IBM’s cash cow at the expense of consumers. This acquisition should be a cause of concern for competition authorities throughout the world.
Link: ccianet.org
Category:
- Business
