Broadcom is facing antitrust scrutiny from the European Union over the possible use of its market dominance to pressure customers to buy its semiconductors, Bloomberg reported on Wednesday, October 24.
Broadcom’s US$117 billion bid to acquire Qualcomm Inc was blocked by the US government over national security concerns, while Qualcomm had to walk away from a US$44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval.
Full Content: Bloomberg
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