Broadcom faces fines of up 10% of annual sales in EU
Posted On: Oct. 17, 2019 6:02 AM CSTU.S.-based semiconductor manufacturer Broadcom Inc. faces fines of up to 10% of its annual sales for anti-competitive practices in the European Union, Tech Xplore reported. The European Commission has ordered the company to immediately halt uncompetitive sales practices amid an ongoing investigation.