FTC charges Broadcom with 'illegally monopolizing' the chip industry

Broadcom is facing a major antitrust crackdown. Gizmodoreports that the Federal Trade Commission has charged Broadcom with "illegally monopolizing" the markets for broadband and TV chips, including WiFi parts. The FTC claimed that Broadcom struck exclusive deals with vendors and service providers that prevented them from buying chips from rival suppliers. The FTC also accused Broadcom of obtaining "exclusivity and loyalty commitments" for chip supplies, making it difficult for companies to compe...