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IBM Buys Its Way Out of Antitrust Trouble

By: Maureen O'Gara Jul. 4, 2008 06:30 AM IBM Has Gotten Out from Under A Threat to its Multibillion-dollar Mainframe Monopoly The fireworks over Armonk this 4th of July are going to be a bit brighter and more awesome because - by the flick of a checkbook - IBM has gotten out from under a threat to its precious multibillion-dollar mainframe monopoly. For a reported pittance, it's bought Platform Solutions Inc (PSI), the first significant new mainframe maker in 30 years, the start-up that sued it for antitrust 18 months calling it every dirty kind of monopoly-abusing name in the Sherman and Clayton Act dictionary. PSI also took its complaint to the European Commission.

Full post as published by The Trade Secrets Vault on July 05, 2008 (boomark / email).