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|    comp.dcom.telecom    |    Telecommunications digest. (Moderated)    |    17,262 messages    |
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|    Message 16,023 of 17,262    |
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|    FTC Charges Broadcom with Illegal Monopo    |
|    18 Jul 21 05:14:56    |
      From: telecomdigestsubmissions@remove-this.telecom-digest.org              The Federal Trade Commission has issued a complaint charging Broadcom       with illegally monopolizing markets for semiconductor components used       to deliver television and broadband internet services through       exclusive dealing and related conduct. The Commission has also issued       a proposed consent order that would settle the Commission's       charges. Under the consent order, Broadcom must stop requiring its       customers to source components from Broadcom on an exclusive or near       exclusive basis.              "Today's complaint reflects the Commission's commitment to enforcing       the antitrust laws against monopolists, including in high-technology       industries," said FTC Bureau of Competition Acting Director Holly       Vedova. "America has a monopoly problem. Today's action is a step       toward addressing that problem by pushing back against strong-arm       tactics by a monopolist in important markets for key broadband       components. There is much more work to be done and we need the tools       and resources to do it. But I have full confidence in FTC staff's       commitment to this effort."              https://www.ftc.gov/news-events/press-releases/2021/07/ftc-charg       s-broadcom-illegal-monopolization-orders-semiconductor              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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