Monday, February 27, 2023

Broadcom faces EU antitrust warning on $61 billion VMware deal

U.S. chipmaker Broadcom is set to receive a European Union antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware in the coming weeks, people familiar with the matter said. The European Commission opened an investigation in December, saying the deal, announced last year, would allow Broadcom to restrict competition in the market for certain hardware components which interoperate with VMware's software.

from Gadgets Now https://ift.tt/vFHCDyV

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