Broadcom braced for full EU investigation into $61B VMware buyout
that its buy would actually create more competition in the cloud market, which is dominated by Microsoft, Amazon, and Google.
It now appears likely the European Commission will initiate a full-scale antitrust investigation into the deal, according to Reuters, which cites anonymous sources"familiar with the matter." The deadline for the antitrust body to complete its review of the acquisition is expected to be sometime in May next year.by Broadcom and VMware earlier this year.opening a preliminary inquiry
into the tie-up. The CMA invited comments on the transaction from any interested party, with a deadline of Dec 6, but has yet to set a deadline for a decision on whether an investigation under the merger provisions of the Enterprise Act 2002 is warranted. Meanwhile, in the US, a review of the agreement by the Federal Trade Commission is understood to be focusing on"conglomerate effects of the combination," as it believes there are no real overlaps between the business areas the two companies already operate in, except perhaps Endpoint Security.
However, the sale has been dogged by fears among VMware customers that Broadcom would seek to raise the prices it charges following the takeover. The company has had to issue several denials, including
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