EU Launches Antitrust Investigation into Broadcom over VMware Licensing, Sparking Revision of Swift Pricing Strategy

Quick Summary:

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.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesFranceGermanyNetherlands

Topics: AI Generated IRBT News Government TRFK Briefs US4627261005 AMZN HACK US0231351067 Expert Ideas MSFT SG9999006241 US5949181045 Stories That Matter Benzinga AVGO Tech US00724F1012 ADBE Regulations

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-15 @ 17:38:27 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20694125

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 30 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions