European cloud consortium urges regulatory scrutiny of Broadcom’s VMware restructuring – The Wall Street Journal

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reported that the European Cloud Group is advocating for regulatory oversight of Broadcom’s proposed overhaul of VMware. The group is concerned that the changes could have negative implications for competition in the cloud computing market. The European Cloud Group believes that regulatory intervention is necessary to ensure a level playing field for all companies involved. They are urging European regulators to closely monitor Broadcom’s plans and take action if necessary to protect competition in the cloud computing industry. The group’s concerns center around the potential impact of Broadcom’s proposed changes on the availability and pricing of cloud services, as well as the potential for anti-competitive behavior. The European Cloud Group is calling for transparency and accountability in Broadcom’s overhaul of VMware to ensure fair and open competition in the cloud computing market.

The European Cloud Group’s call for regulatory oversight comes as Broadcom moves forward with its plans to restructure VMware, a major player in the cloud computing industry. Broadcom’s proposed changes could have significant implications for the market, as VMware is a key player in the cloud computing ecosystem. The European Cloud Group is concerned that Broadcom’s overhaul of VMware could give the company an unfair advantage in the market, potentially harming competition and consumers.

The European Cloud Group’s concerns about Broadcom’s proposed changes to VMware highlight the growing scrutiny of major tech companies in Europe. Regulators in the region have been increasingly focused on ensuring fair competition in the tech industry, particularly in areas such as cloud computing. The European Cloud Group’s call for regulatory oversight of Broadcom’s VMware overhaul underscores the importance of ensuring that all companies abide by the same rules and regulations to promote fair competition and innovation in the market.

The European Cloud Group’s push for regulatory oversight of Broadcom’s VMware overhaul is part of a broader effort to promote fair competition in the cloud computing market. The group believes that regulatory intervention is necessary to prevent anti-competitive behavior and ensure a level playing field for all companies involved. By advocating for transparency and accountability in Broadcom’s plans for VMware, the European Cloud Group is working to protect competition and promote innovation in the cloud computing industry.

In conclusion, the European Cloud Group is calling for regulatory oversight of Broadcom’s proposed overhaul of VMware to ensure fair competition in the cloud computing market. The group is concerned that the changes could have negative implications for competition and consumers, and is urging European regulators to closely monitor Broadcom’s plans and take action if necessary to protect the market. By pushing for transparency and accountability in Broadcom’s overhaul of VMware, the European Cloud Group is working to promote fair competition and innovation in the cloud computing industry.

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https://www.wsj.com/articles/european-cloud-group-calls-for-regulatory-scrutiny-over-broadcoms-VMware-overhaul-28b7c6ed