EU antitrust regulators want U.S. chipmaker Broadcom to scrap its exclusivity clauses with TV and modem makers to avoid irreparable harm to the market while they investigate whether this tactic and others are designed to block rivals.
Shares in Broadcom fell as much as 8.6pc wiping more than $9 billion off the market value of the company, previously based in Asia but now with its headquarters and main listing in the United States.
WASHINGTON: US President Donald Trump on Monday blocked an unsolicited bid by Singapore-based Broadcom to take over smartphone chipmaker Qualcomm, citing national security concerns.
Trump...