) has been ordered to halt exclusivity deals with six TV and modem makers for up to three years while EU antitrust enforcers investigate whether these agreements are aimed at thwarting rivals.
Google critics have for years urged Vestager to target the Alphabet Inc. subsidiary with such interim measures during its 10-year battle with EU antitrust regulators. “We do not believe that these provisions have a meaningful effect on whether the customers choose to purchase Broadcom products,” the company said, adding that the order would not have a material impact on its set-top box and modem businesses.
The EU regulator said certain provisions in the deals with six of its major customers are likely to cause serious and irreparable harm to the competition as well as affect future tenders related to the introduction of WiFi 6 standard for modems and TV set-top boxes.
What? No tip
What a racist spot!
'We do not believe it will have meaningful impact' but are spending the money to launch an appeal. Actions speak louder than words.
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