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Broadcom in EU antitrust spotlight, faces interim measures

June 26, 2019

Via: Reuters
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The European Commission also said it plans to impose interim measures during the probe to avoid “serious and irreparable harm” to the market. It sent a statement of objections, or charge sheet, to the company setting out reasons why such measures are needed.

Broadcom said it believes it complies with European Competition rules and that the concerns are “without merit.”

The San Jose, Calif.-based company’s communications chips power Wi-Fi, Bluetooth and GPS connectivity in smartphones.

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