IBM Said to Settle European Union Antitrust Probe Next Week

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International Business Machines Corp. will reach a settlement with European Union antitrust regulators next week to end a probe into mainframe software, according to two people familiar with the matter.

The European Commission intends to accept an offer made by IBM in September to resolve a dispute over anti-competitive behaviour that may have blocked rival mainframe software makers, said the people who couldn’t be identified because the talks are private.