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EU: Broadcom faces order to suspend some business practices

By  |  October 6, 2019

US chipmaker Broadcom will be told by EU antitrust regulators this month to suspend certain business practices including exclusivity clauses with TV and modem makers, reported Reuters. 

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    Such a decision would be the European Commission’s first interim order in almost two decades. The measure prohibits certain activities until the regulator completes its investigations, which typically take several years, and could pave the way for similar action against other tech companies. 

    The EU executive will brief national competition agencies on October 7 on its proposed interim measure before taking a formal decision and informing the company, a person familiar with the situation told Reuters.

    Full Content: Reuters

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