Skip to content
Advertisement

Business

IBM demands $1.5m compensation from Computerland

With regard to CL, IBM is additionally demanding $1.5 million in compensation for violating the contract. According to unofficial information, this most probably relates to the violating of margin policies. It is speculated that CL demanded significant discounts from IBM for its best clients, but sold the equipment with a higher margin than was stated in the contract. "In the event of being an agent in the process of selling the software or equipment, IBM's margin are precisely stated. If a partner increases the margin which was agreed upon, they violates the contract," said a representative of IBM's partner companies. (Puls Biznesu, pp. 1, 4) A.K.

More from Business All