EU antitrust regulators erred in clearing Broadcom's VMware deal, cloud industry lobby says

Core Viewpoint - EU antitrust regulators inadequately assessed the risks associated with Broadcom's $69 billion acquisition of VMware before approving the deal [1] Group 1: Regulatory Concerns - The Cloud Infrastructure Services Providers have raised concerns regarding the EU's antitrust review process for the acquisition [1] - There is a belief that the acquisition could lead to reduced competition in the cloud computing market [1] Group 2: Financial Implications - The acquisition is valued at $69 billion, indicating a significant investment in the cloud computing sector by Broadcom [1] - The deal's approval may have implications for future mergers and acquisitions in the technology industry [1]