The lawsuit by Samsung Electronics against Broadcom Inc. alleges that the chip supplier is violating federal antitrust laws by preventing Samsung from using other suppliers for components in its Galaxy phones. Samsung claims that Broadcom has a binding agreement that forces them to exclusively purchase essential components from Broadcom, even if they were to consider other suppliers. This agreement is said to eliminate competition and force Samsung into a monopolistic situation, violating federal antitrust laws that promote fair competition. This legal action could have wide-reaching implications for the tech industry and reflects tensions between major tech companies and their suppliers.
Article Source
https://www.pymnts.com/cpi-posts/samsung-accuses-broadcom-of-violating-antitrust-rules-in-lawsuit/
Lawsuit filed by Samsung against Broadcom for alleged antitrust violations
