Saturday, June 22, 2024

IBM Settles Antitrust Case with E.U.

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

The New York Times: IBM has reached an agreement with the E.U.’s European Commission that will end the commission’s antitrust investigation of IBM’s mainframe business. Under the terms of the deal, IBM will provide more technical information in a timely manner to other vendors who serve its mainframe customers. In addition, IBM will supply parts to those vendors at a competitive price. “These commitments are legally binding for five years,” said a commission spokesperson. “I.B.M. must respect them or risk a fine.”

Earlier this year, the European Commission closed another case that was also related to IBM’s mainframe business when the three companies involved dropped their complaints.

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles