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IT

Brazil's Antitrust imposes BRL 57 mln fine on IBM for irregular purchase of Red Hat

Thursday 12 December 2019 | 16:27 CET | News
Brazil's Administrative Council for Economic Defence (Cade) has issued a BRL 57 million fine on IBM for completing the purchase of Red Hat before approval by the country's antitrust agency Cade, reports Valor Economico. The value, based on an agreement with the company, was very close to the maximum penalty applicable, which is BRL 60 million. 

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Categories: IT
Companies: IBM / Red Hat
Countries: Brazil
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