Market Overview

The EU Announces Investigation of IBM (IBM)


The European Union’s antitrust division said this morning that they have decided to initiate an investigation on International Business Machines (NASDAQ: IBM) regarding two separate cases of antitrust rule infringement.

The antitrust division, released an e-mailed statement regarding the probe, saying, “Both cases are related to IBM’s conduct on the market for mainframe computers,” according to the commission’s statement.

SOURCE: Bloomberg

Posted-In: Antitrust Bloomberg European UnionNews Global


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