BROADCOM’S COMMITMENTS TO ADDRESS COMPETITION CONCERN ARE ACCEPTED BY THE COMMISSION

08.10.2020

On 7.10.2020, the European Commission has accepted commitments offered by the Broadcom to address Commission’s concern to fair competition.

The Commitments include that Broadcom will suspend all existing agreements and/or leveraging provision related with System-on-a-Chip (“SoCs”) and will not enter into new agreements comprising such terms.  

In particular, Broadcom, at European Economic Area, will not require or induce by means of price or non-price advantages an original equipment manufacturer to obtain any minimum percentage of its EEA requirements for SoCs for TV set-top boxes, xDSL modems and fibre modems from Broadcom and, at worldwide level (except Chine), not require or induce more than 50% of its requirements.

You can read the full text of the EU Commission’s press release here.

Should you have any queries and/or remarks, please do not hesitate to contact us.

Kind regards,

Zumbul Attorneys-at-Law

info@zumbul.av.tr