EU launches two anti-trust probes against IBM

BRUSSELS, July 26 (BestGrowthStock) – The European Commission
launched two anti-trust probes on Monday against U.S. computer
firm International Business Machines Corp (IBM.N: ), alleging it
might have abused its dominant position on the mainframe
computer market.

“The Commission has concerns that IBM may have engaged in
anti-competitive practices with a view to foreclosing the market
for maintenance services…, in particular by restricting or
delaying access to spare parts for which IBM is the only
source,” the European Union’s executive arm said in a statement.

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EU launches two anti-trust probes against IBM