United Kingdom: Closed consultation on CMA findings of Phase 2 investigation and provisional approval of VMware acquisition by Broadcom
Description
Closed consultation on CMA findings of Phase 2 investigation and provisional approval of VMware acquisition by Broadcom
On 9 August 2023, the public consultation closes on the UK Competition and Markets Authority's (CMA) provisional findings of Phase 2 of its market investigation into the acquisition of VMware, a provider of multi-cloud services, by Broadcom, a supplier of semiconductors and infrastructure software products. In the Phase 2 investigation, the CMA found that the proposed deal would not substantially reduce competition and is unlikely to harm innovation. Therefore, the CMA provisionally approved the acquisition. The statutory deadline for the CMA to issue its final ruling is 12 September 2023.
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