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Broadcom is facing a massive antitrust crackdown, Gizmodo reports that the Federal Trade Commission has charged Broadcom with "illegal monopoly" in the broadband and TV chip markets. Including WiFi parts,
the FTC claimsSLOTXOBroadcom has entered into special agreements with vendors and service providers that prevent them from buying chips from competing suppliers.The FTC also accused Broadcom of taking "extraordinary commitment and loyalty" for chip supply,
making it difficult for companies to compete on their own merits. The vote was almost unanimous, although newly installed civil servant Lina Khan bowed out.The proposed action by the Commission would prohibit Broadcom from negotiating certain exclusive and loyalty deals.
Exclude companies from acclimatizing access to chips for commitments. and prohibits retaliation against customers who purchase from Broadcom competitors.Broadcom signaled to Engadget that it might cooperate in the deal. It still disagrees with the FTC's portrayal and claims it hasn't violated the law. You can read the full text below.
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