The Federal Trade Commission and Broadcom Inc. have agreed to settle charges that the company used its dominance in a few chip markets to squeeze out potential rivals.The FTC on Friday stated that under a proposed consent order, Broadcom must stop requiring its clients to source three types of chips from the company on an exclusive or near-exclusive basis. The chips are used in certain television and broadband internet services equipment.Broadcom, the FTC stated, maintained its power in those markets by entering long-term agreements with both original equipment manufacturers and service providers that prevented these clients from acquiring chips from Broadcomâs rivals. The FTCâs investigation dates back a few years.Broadcom is a leading supplier of communications chips that go into consumer devices, including set-top boxes and cable moderns where its hardware is everywhere. Cable service providers ink deals with manufacturers to produce set-top boxes and moderns for their clients; those manufacturers propose designs and coordinate with the service providers on which chips they will use.
Published by
%202.png)
.png)
.png)
Ready to get started?
Start trading with the full package, from state of the art platform to free tool and favorable transaction fees.
All investments involve risks, including the possible loss of capital
ÂŠď¸ MEXEM AFRICA (PTY) LTD (MEXEM AFRICA) is an authorized financial services provider (FSP 48325). All trades on the MEXEM AFRICA platform are subject to the legal terms and conditions to which you agree to be bound.
The MEXEM AFRICA platform enables users to invest in securities. MEXEM AFRICA acts as an agent for the issuance of whole shares, where the investor is the registered owner of those shares, entitled to dividends, participation in corporate actions, and all the economic benefits and risks associated with share ownership.
The availability of any share on the MEXEM AFRICA platform is based on various factors but is not an indication of value and does not mean that any share is an appropriate investment for you. Images are for illustrative purposes only and past performance is not necessarily an indication of future performance.
â
The availability of any share on the browse shares page does not necessarily indicate any contractual relationship between MEXEM AFRICA and the listed company or the payment of fees for services. Brand logos are owned by the respective companies and not by MEXEM AFRICA. The use of a companyâs brand logo does not represent an endorsement of MEXEM AFRICA by the company, nor an endorsement of the company by MEXEM AFRICA, nor does it necessarily imply any contractual relationship. Further investment disclosures are available on the MEXEM AFRICA website.
Read our Forms & Disclosures.
