Brussels to proceed with IBM antitrust review
July 04, 2008 (3:00:00 PM) - 1 year ago
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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 announced it was buying Platform Solutions Inc, a Silicon Valley start-up which had been trying to enter the mainframe computer business. PSI had been pursuing an antitrust suit against IBM in the US and had complained to European competition regulators. It withdrew the latter objection on Wednesday, just before the IBM deal, for an unnamed sum, was disclosed.