Broadcom Faces EU Antitrust Scrutiny in Dominance Probe
- EU gathering evidence on conditions placed on customers
- U.S. FTC is also said to be examining Broadcom’s practices
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Broadcom Inc. is under antitrust scrutiny by the European Union for potentially using its market dominance to improperly pressure customers to buy its semiconductors and harm rivals, according to people familiar with the matter and a document obtained by Bloomberg.
The inquiry, which is preliminary, focuses on Broadcom’s sales of chips in set-top box hardware used by the cable and satellite industry to provide television and internet to consumers, according to the people and a questionnaire issued by the European Commission. The people asked not to be identified because the investigation hasn’t been made public.