EU orders emergency anti-trust measures against chipmaker Broadcom
The EU's powerful anti-trust authority on Wednesday ordered US chipmaker Broadcom to immediately halt certain practices, in an unprecedented salvo against US big tech.
The European Commission took the extremely rare move of ordering the interim changes from one of Silicon Valley's pioneer companies while the EU's investigation was still under way, citing the "irreparable" threats to competition.
"Broadcom's behaviour is likely, in the absence of intervention, to create serious and irreversible harm to competition," the EU's Competition Commissioner Margrethe Vestager said in a statement.
"We have strong indications that Broadcom, the world's leading supplier of chipsets used for TV set-top boxes and modems, is engaging in anticompetitive practices," she said.
With the order, Vestager significantly stepped up her scrutiny of US tech giants, where investigations usually dragged on for years before companies were fined or ordered into compliance.
The ongoing investigation centres on ...