EU to accept IBM concessions, end antitrust probe-sources

BRUSSELS Wed Dec 7, 2011 12:22pm EST

BRUSSELS Dec 7 (Reuters) - EU antitrust regulators are set to accept concessions offered by International Business Machines Corp and end an antitrust investigation, averting a possible fine, this month, two sources familiar with the matter said on Wednesday.

The U.S. information technology hardware company offered in September to provide certain spare parts and technical information to other companies which use its mainframe hardware and software.

The European Commission agreed to the concessions after IBM made some minor changes after testing these on the market, one of the sources said. The decision could be announced as early as next week.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.