Broadcom beneath Antitrust scrutiny from FTC once more – The Data

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An indication to the campus places of work of chip maker Broadcom Ltd is proven in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake

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April 22 (Reuters) – Semiconductor maker Broadcom Inc (AVGO.O) is beneath scrutiny from the U.S. Federal Industry Fee following proceedings it’s forcing unique agreements with consumers, The Data reported on Friday.

The FTC is within the early levels of accumulating details about whether or not Broadcom, which has develop into a big provider of WiFi and Bluetooth chips to corporations like Apple Inc (AAPL.O), illegally compelled exclusivity agreements on its consumers, the document added.

Broadcom is blaming the supply-chain disaster to justify its calls for from consumers, the document stated, mentioning folks with wisdom of the placement and a file observed through The Data.

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

In July closing yr, FTC stated it had filed a proposed order to settle antitrust fees in opposition to the corporate. The consent order required Broadcom to prevent tough that its consumers purchase parts most commonly or simplest from Broadcom. learn extra

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

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Reporting through Tiyashi Datta in Bengaluru; Modifying through Krishna Chandra ELuri

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