Broadcom appealed a European Union order forcing the company to drop allegedly unfair clauses that may compel set-top box makers to use its chips, reported Bloomberg Law.
The appeal opens a court fight over the validity of a rarely used regulatory tool meant to prevent victims from suffering while probes drag on for years.
EU Antitrust Commissioner Margrethe Vestager in October ordered Broadcom to end “anti-competitive provisions” in contracts within 30 days while her agency continues a probe into allegations that the US supplier forces six of its main customers to buy its chipsets. Broadcom stated at the time that it would appeal the decision.
The appeal was filed December 23, according to the EU General Court’s website. Broadcom didn’t immediately respond to an email seeking comment.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI