Broadcom could face EU antitrust fines over 'punitive' VMware contract terms

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust Editor's take: Broadcom aims to convert every valuable customer into a recurring online subscriber. The company has achieved notable financial success with this approach. However, regulators may soon scrutinize its business practices, raising the possibility of costly antitrust fines that could impact its future growth. The European Cloud Competition Observatory (ECCO) is a monitoring group founded by CISPE, a non-profit trade association of European cloud providers. Created as part of CISPE's antitrust settlement with Microsoft, ECCO now has its sights set on Broadcom and its conduct following the acquisition of VMware and its entry into the cloud and virtualization market. The observatory recently published a new report following an earlier study of Broadcom's abrupt licensing changes. The findings confirmed the ECCO's previous claims: Broadcom continues to impose harsh, unfair contrac ... Read full article.