US chipmaker Broadcom will attempt to persuade EU antitrust enforcers that its proposed $61 billion bid for cloud computing firm VMware, which has triggered regulatory scrutiny on either side of the Atlantic, is pro-competitive.
The corporate will current its arguments to senior European Fee officers and their counterparts from nationwide competitors businesses in addition to attorneys from the EU govt at a closed listening to.
Broadcom’s request for the listening to got here after the Fee final month warned the deal might prohibit competitors out there for sure {hardware} parts which interoperate with VMware’s software program.
The corporate had hoped that regulators would take into account the presence of Amazon, Microsoft and Google within the cloud computing market as proof of sturdy competitors, different individuals aware of the matter instructed Reuters final 12 months.
Broadcom is anticipated to supply treatments within the coming days after the oral listening to. The EU deadline for a call is June 21 which might be prolonged as soon as concessions are submitted.
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