United Kingdom: Issued CMA findings following Phase 1 investigation into VMware acquisition by Broadcom
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, infrastructure provider: cloud computing, storage and databases
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
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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
2023-05-09
processing consultation
2023-07-19
in consultation
2023-08-09
processing consultation