The Federal Trade Commission has approved a final order of its settlement with broadband and TV semiconductor components supplier Broadcom.
That came after a mandatory public comment period on the proposed settlement.
The vote to approve the finals order was 3-0-1, with chair Lina Khan recusing her self from the vote.
Back in July, the FTC struck a deal with Broadcom to settle allegations Broadcom illegally monopolized the markets by conditioning access to its components on preventing customers from purchasing chips from its competitors.
Under the settlement, Broadcom agreed not to require customers to source their components exclusively or almost exclusively from the company.
Under the settlement, Broadcom cannot enter into certain exclusive agreements for chips for broadcast set-top boxes, as well as digital subscriber line and fiber broadband internet devices. It also prevents Broadcom from retaliating against customers who use its competitors.
The FTC pointed out that Broadcom dominates chips at the core of not only cable set-top boxes, DSL and broadband devices, but it is also a significant supplier of chips for streaming on set-tops, WiFi chips and chips converting analog signals to digital. Broadcom‘s direct customers are equipment manufacturers that supply AT&T, Charter, Comcast, Dish Network, Verizon Communications and others.
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
Thank you for signing up to Multichannel News. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.