Cartel damages – EU

On behalf of the team

On 7 October 2020, the European Commission disclosed that it had accepted commitments by Broadcom to ensure competition in chipset markets for modems and set-top boxes. Broadcom customarily made agreements containing exclusivity or quasi-exclusivity arrangements and/or leveraging provisions concerning specific technology; so-called Systems-on-a-Chip, for TV set-top boxes and internet modems. It has now undertaken to suspend all existing agreements and to refrain from entering into new agreements containing such terms. The commitments are binding for seven years vis-à-vis all device manufacturers and include products not covered by the interim measures decision that the Commission adopted in October 2019. [1]Antitrust: Commission accepts commitments by Broadcom to ensure competition in chipset markets for modems and set-top boxes, 7 October 2020.