The Federal Trade Commission has broadened its investigation into Broadcom and Feinberg CNBC. The agency is now looking at whether the company violated antitrust laws. This is the latest development in the FTC’s probe into Broadcom’s business practices. ftc broadcomfeinercnbc
The Federal Trade Commission (FTC) has filed a complaint against Broadcom and Feinberg for allegedly violating antitrust laws. CNBC reports that the FTC is accusing the two firms of colluding to fix prices for LCD panels. The agency is seeking a court order to stop the alleged illegal conduct and impose civil penalties. ftc broadcomfeinercnbc
The Federal Trade Commission has approved a deal for Broadcom to buy Qualcomm. This is a big win for Broadcom, which has been trying to buy Qualcomm for quite some time.
This is a big deal because Broadcom is one of the largest suppliers of chips for iPhone and iPad. With this acquisition, Broadcom will become the third-largest chipmaker in the world.
This is good news for shareholders of both companies.