UnitedHealth Group sues tech giant Broadcom over ‘exorbitant’ price hikes

UnitedHealth Group sues tech giant Broadcom over ‘exorbitant’ price hikes

Sen. Bill Cassidy, R-Louisiana, asked if UnitedHealth Group’s health care dominance created “a special [cybersecurity] vulnerability,” while Sen. Elizabeth Warren, D-Mass., called the Eden Prairie-based business “a monopoly on steroids.”

The impasse between the two companies — both among the top 20 U.S. companies as measured by the value of their stock — led to direct negotiations in March between Broadcom CEO Hock Tan and UnitedHealth Chief Technology Officer Sandeep Dadlani.

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https://www.startribune.com/unitedhealth-group-broadcom-unitedhealthcare-lawsuit-software-prices-contract-breach/601320077