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IT

IBM receives fine from Brazil for irregular purchase of Red Hat

Tuesday 15 October 2019 | 14:01 CET | News
Brazil's Administrative Council for Economic Defense (Cade) has proposed to apply a maximum fine of BRL 60 million on IBM because the company concluded the acquisition of software producer Red Hat Linux before the approval of the antitrust agency in Brazil, reports Reuters. The operation was notified to Cade in April and the agency issued an opinion of approval for the operation at the end of June, without conditions, but did not make the decision final.

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Categories: IT
Companies: Red Hat
Countries: Brazil
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