EU Antitrust Inquiry Into IBM Will Go On

Law360, New York (July 7, 2008, 12:00 AM EDT) -- IBM Corp.’s announcement last week that it will take over mainframe computer firm Platform Solutions Inc. reportedly has not stopped Europe's antitrust watchdog from looking into concerns raised by PSI before the buyout.

IBM said Wednesday its purchase of Sunnyvale, Calif.-based PSI put to rest a patent infringement and unfair-competition dispute between the companies in the U.S. and a pending competition complaint launched by PSI against IBM in Europe.

But European Commission officials indicated they are not ready to drop the inquiry into IBM’s alleged monopolization...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.