Update: Market Chatter: Broadcom's Licensing Overhaul for VMware Software Being Scrutinized by EU

MT Newswires Live

2 hours ago

(Updates with Broadcom's response to a request for comment in the third paragraph.)

Broadcom's (AVGO) licensing revamp for VMware software after its $61 billion takeover is attracting deep scrutiny from European Union antitrust regulators, Bloomberg reported Friday, citing a questionnaire it viewed.

EU watchdogs have questioned cloud providers for more information ahead of a critical deadline in their ongoing dispute with Broadcom on the matter, the report said, citing the questions.

"Broadcom is aware that the Commission is gathering information from various market participants, as is common following a complaint," a company spokesperson said via email to MT Newswires. "We remain engaged with the Commission throughout this process."

The EU's European Commission didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}