South Korea’s antitrust regulator said Monday it has decided to give conditional approval to Broadcom’s (AVGO) purchase of software firm VMware (VMW) on concerns the deal may hinder fair competition in the market, Yonhap News Agency’s Kang Yoon-seung reports. The Korea Fair Trade Commission said it has reviewed the merger by focusing on the fact that VMware currently holds a “de facto standard” in the ecosystem for server virtualization and that it plays a significant role in certifying related components in the market. To prevent possible unfair practices, the FTC said it has requested that Broadcom guarantee interoperability for competitors and new businesses for the next 10 years. The regulator also asked Broadcom to provide source codes for the FC HBA when requested by a third party for interoperability, the author says.
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