Republic of Korea: Announced Fair Trade Commission conditional approval of Broadcom and VMware merger
Description
Announced Fair Trade Commission conditional approval of Broadcom and VMware merger
On 23 October 2023, the Korean Fair Trade Commission (FTC) issued its ruling in the investigation into the proposed acquisition of VMware by Broadcom. The FTC issued conditional approval of the merger and imposed corrective measures on Broadcom to e…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
semiconductors, software provider: other software, infrastructure provider: network hardware and equipment
Implementation Level
national
Government Branch
executive
Government Body
competition authority