© Reuters. FILE PHOTO: An indication to the campus places of work of chip maker Broadcom Ltd is proven in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake
(Reuters) – Semiconductor maker Broadcom (NASDAQ:) Inc is below scrutiny from the U.S. Federal Trade Commission following complaints it’s forcing unique agreements with prospects, The Information reported on Friday.
The FTC is within the early phases of gathering details about whether or not Broadcom, which has turn into a significant provider of WiFi and Bluetooth chips to firms like Apple Inc (NASDAQ:), illegally pressured exclusivity agreements on its prospects, the report added.
Broadcom is blaming the supply-chain disaster to justify its calls for from prospects, the report mentioned, citing folks with data of the state of affairs and a doc seen by The Information.
The FTC has declined to remark, whereas Broadcom didn’t instantly reply to a Reuters request for remark.
In July final yr, FTC mentioned it had filed a proposed order to settle antitrust expenses towards the corporate. The consent order required Broadcom to cease demanding that its prospects purchase parts principally or solely from Broadcom.
Broadcom reached an analogous settlement with the European Commission in October 2020.