New York (The Verge) — The European Union is investigating Broadcom for anti-competitive practices theverge.com/2019/6/26/1875….
The European Commission is particularly focused on Broadcom chipsets for modems and TV set-top boxes, and it intends to impose an interim ban on the alleged behavior.
The commission is particularly focused on Broadcom chipsets for modems and TV set-top boxes, and it intends to impose an interim ban on the alleged exclusivity measures “to avoid any risk of serious and irreparable harm to competition,” says Margrethe Vestager, the commission’s competition policy leader.
Broadcom is also under investigation by the US Federal Trade Commission over similar concerns. Bloomberg reportedlast month that the FTC was investigating anti-competitive practices around the company’s Wi-Fi and Ethernet chips, amplifying an inquiry that began more than a year earlier.
Antitrust authorities — in the European Union, in particular — have been paying closer attention to tech giants in recent years. The EU fined Qualcomm $1.2 billion earlier this year for deals it made with Apple to lock out competitors; Google was hit with an even larger fine in March; and Apple may now be under investigation for its control over the App Store. — Jacob Kastrenakes/@verge