FTC sued Broadcom for “unlawful monopoly” of chip industry


Broadcom

Broadcom

according to Gizmodo According to reports, Broadcom is facing a new round of antitrust lawsuits, in which the US Federal Trade Commission (FTC) accused the company of “unlawfully monopolizing” the broadband and TV chip market, including WiFi components. The FTC claims that Broadcom has signed exclusive contracts with suppliers and service providers to prevent them from buying chips from competitors, so that competitors cannot compete with their own advantages. FTC committee members nearly unanimously agreed that Broadcom’s actions violated the fairness law, but the new chairman Lina Khan chose to abstain from voting.

The sanctions required by the FTC include preventing Broadcom from signing exclusive agreements with customers, preventing the company from supplying specific chips on the condition of purchase commitments, and preventing Broadcom from retaliating against customers who purchase products from its competitors. In this regard, Broadcom does not believe that it has any part of the law, nor does it agree with the FTC’s determination that its behavior violates the fairness law, but expresses its willingness to settle with the FTC in exchange for the same conditions as the previous settlement with the EU in exchange for the FTC to reveal this page .

Broadcom has a bad reputation in this part of fair competition. In addition to the European Union’s reconciliation with the EU due to the same products and anti-competitive behaviors, it had actively wanted to acquire Qualcomm. In the end, Trump signed an injunction to stop it. .

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