Friday, June 16, 2006

 

Associated Press Business News: Hungary Fines SAP, IBM for Cartel Activity - MSN Money

Associated Press Business News: Hungary Fines SAP, IBM for Cartel Activity - MSN Money: "'The parties' intention was to win the bids ... and to keep competitors away by submitting parallel proposals. They jointly composed proposals, while holding strategic talks on how to keep competitors away,' the competition authority said in a statement.
SAP and IBM were each fined 690 million forints (US$3.2 million, euro2.53 million)."

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