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Description
Issued CMA findings following Phase 1 investigation into VMware acquisition by Broadcom
On 22 March 2023, the United Kingdom Competition and Markets Authority (CMA) issued its findings following the Phase 1 investigation into the acquisition of VMware Inc., a provider of multi-cloud services, by Broadcom Inc., a supplier of semiconductor and infrastructure software products. In particular, the CMA determined that the acquisition would negatively impact the competition in the semiconductor sector. The CMA offered Broadcom and VMware 5 working days to submit commitments addressing the competition concerns outlined in its decision, following which it will announce if the case will be referred to a Phase 2 investigation.
Original sourceScope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
semiconductors
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
Hide details
2022-11-21
in consultation
2022-12-06
processing consultation
2023-01-25
under deliberation
2023-03-22
under investigation
2023-03-29
under deliberation
2023-04-21
in consultation