Broadcom buries hatchet with EU in return for ending exclusivity deals

Author: EIS Release Date: Oct 12, 2020


“Broadcom will suspend all existing agreements containing exclusivity or quasi-exclusivity arrangements and/or leveraging provisions concerning Systems-on-a-Chip (SoCs) for TV set-top boxes and Internet modems, and has committed not to enter into new agreements comprising such terms,” says the EU competition regulator.

The 15 month probe by the EU regulators had been threatening to impose a banning order on these deals.

The agreement to end these practices lasts for seven years,

In Europe, Broadcom will not offer price or non-price incentives to TV and modem makers to buy a minimum number of its products nor tie such purchases to sales of other products.

On a worldwide level excluding China, it also pledged not to offer price or non-price incentives to TV and modem makers to buy more than 50% of its products nor tie such purchases to sales of other products for more than 50% of their products.