FTC accused Broadcom of manipulating the chip market to reach a settlement

The US Federal Trade Commission (FTC) previously accused Broadcom of monopolizing the chip market. On Friday (2nd), Broadcom and FTC reached a settlement, and Broadcom agreed to stop related market operations.

According to a report on January 18, 2018, Broadcom said on Wednesday local time that the US Federal Trade Commission is investigating whether it has any conduct that is not conducive to market competition in its negotiations with customers.

"The Wall Street Journal" published an article that Broadcom recently received a subpoena asking it to provide more materials for negotiations with customers.
According to the Wall Street Journal, the main reason for Broadcom's investigation was that it modified some of the contracts and required customers to use a certain percentage rather than a certain number of products from it.
Broadcom said in a statement, "This investigation has no material impact on our business, has nothing to do with the wireless business, and will not affect the plan to acquire Qualcomm."