TECH - Broadcom Succumbs to EU Antitrust Investigation Over VMware Licensing Prompting Swift Pricing Strategy Revision | Benzinga
Broadcom Inc (NASDAQ:AVGO) is under scrutiny by EU antitrust regulators following complaints regarding changes to VMware's licensing conditions, the recently acquired cloud computing firm.
EU businesses and a trade group have voiced their concerns, prompting the European Commission to request information from Broadcom for investigation.
Allegations include sudden policy changes resulting in significant price hikes, re-bundling of licenses, restrictions on license reselling, and refusal to uphold security conditions for perpetual licenses, Reuters reports.
Also Read: Apple, Meta, and Google's Alphabet Under Scrutiny, EU Launches Antitrust Probes
Notably, the Belgian association Beltug and counterparts from France, the Netherlands, and Germany raised these issues with crucial EU figures last month.
The trade body CISPE, representing Amazon.Com Inc (NASDAQ:AMZN) and 26 European cloud providers, also lodged a complaint against Broadcom ...