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Broadcom faces anti-trust investigation
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Old 21st January 2018, 18:02   #1
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Default Broadcom faces anti-trust investigation

Qualcomm take-over just became more complicated

The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom engaged in anticompetitive tactics in negotiations with customers, in an anti-trust investigation which could make any merger with Qualcomm a little more difficult.

For those who came in late Broadcom wants to take over Qualcomm in a $103 billion deal. Since the FTC would likely review any merger for anticompetitive practices, the current probe could make regulatory approval more challenging.

Broadcom has recently received subpoenas that seek an extensive amount of information, according to the Wall Street Journal, which was the first to report the probe on Wednesday.

http://fudzilla.com/news/45413-broad...-investigation
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