Insight

Broadcom under Antitrust scrutiny from FTC again – The Information

(Reuters) – Semiconductor maker Broadcom Inc is underneath scrutiny from the U.S. Federal Commerce Fee following complaints it’s forcing unique agreements with clients, The Data reported on Friday.

The FTC is within the early levels of gathering details about whether or not Broadcom, which has turn out to be a serious provider of WiFi and Bluetooth chips to corporations like Apple Inc, illegally compelled exclusivity agreements on its clients, the report added.

Broadcom is blaming the supply-chain disaster to justify its calls for from clients, the report mentioned, citing individuals with data of the scenario and a doc seen by The Data.

The FTC has declined to remark, whereas Broadcom didn’t instantly reply to a Reuters request for remark.

In July final 12 months, FTC mentioned it had filed a proposed order to settle antitrust expenses towards the corporate. The consent order required Broadcom to cease demanding that its clients purchase parts principally or solely from Broadcom.

Broadcom reached an identical settlement with the European Fee in October 2020.

(Reporting by Tiyashi Datta in Bengaluru; Enhancing by Krishna Chandra ELuri)



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button