Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

EU to hit Broadcom with interim order this month - source

EU to hit Broadcom with interim order this month - source
FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake -
Copyright
Mike Blake(Reuters)
Euronews logo
Text size Aa Aa

BRUSSELS (Reuters) – EU antitrust regulators will this month order U.S. chipmaker Broadcom <AVGO.O> to scrap its exclusivity clauses with TV and modem makers while they investigate whether this and other tactics hamper rivals, a person familiar with the matter said on Friday.

The European Commission will brief national competition agencies on Oct. 7 on its proposed interim measure before taking a formal decision and informing the company.

The EU competition enforcer opened an investigation in June and also sent a charge sheet to the company detailing why the interim measure may be necessary to avoid irreparable harm to the market.

(Reporting by Foo Yun Chee; editing by Philip Blenkinsop)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.