EU regulators have told US chipmaker Broadcom to stop barring customers from buying chips from rivals, pending an investigation. The EU believes part of the US firm's business could be creating "serious and irreparable harm to competition". This marks the first time in 18 years the EU has made interim measures, raising fears of setting a precedent for future competition investigations. In its latest report, the European Commission said it had received "credible information" that Broadcom's licensing practices were preventing rival chip makers from selling their products on the market.
EU regulators have told US chipmaker Broadcom to stop barring customers from buying chips from rivals, pending an investigation. The EU believes part of the US firm's business could be creating "serious and irreparable harm to competition". This marks the first time in 18 years the EU has made interim measures, raising fears of setting a precedent for future competition investigations. The disagreement in this case is expected to go all the way to the European Court of Justice.