EU to hit Broadcom with interim order this month - source

HUMAX CO

04/10/2019 14:53

BRUSSELS, Oct 4 (Reuters) - EU antitrust regulators will
this month order U.S. chipmaker Broadcom  AVGO.O  to scrap its
exclusivity clauses with TV and modem makers while they
investigate whether this and other tactics hamper rivals, a
person familiar with the matter said on Friday.
    The European Commission will brief national competition
agencies on Oct. 7 on its proposed interim measure before taking
a formal decision and informing the company.
    The EU competition enforcer opened an investigation in June
and also sent a charge sheet to the company detailing why the
interim measure may be necessary to avoid irreparable harm to
the market.  urn:newsml:reuters.com:*:nL8N23X2BD

 (Reporting by Foo Yun Chee; editing by Philip Blenkinsop)
 ((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters
Messaging: foo.yunchee.thomsonreuters.com@reuters.net))