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assess risks associated with the merger.The organisation contends that Broadcom plans to leverage VMware's established position in server virtualisation software, potentially leading to significant price increases for customers.CISPE highlighted a statement from Broadcom’s CEO, who had committed to elevating VMware’s standalone EBITDA from approximately $4.7–5bn to $8.5bn within three years following the merger.The cloud trade group claims such growth is unlikely to be realised through organic market expansion or efficiencies alone, given the industry's annual growth rate of 5–8%. Instead, the body suggested that Broadcom may resort to aggressive pricing and bundling strategies targeting VMware’s existing client base.Broadcom finalised its acquisition of VMware in November 2023. The transaction, valued at around $61bn in cash and stock, was initially announced in May 2022.CISPE points out that Broadcom financed this deal by raising about $28.4bn in new debt and assuming roughly $8bn of VMware’s existing debt. According to CISPE, this financial strategy might incentivise Broadcom to accelerate revenue extraction through intensified monetisation practices.Despite warnings from stakeholders, including customers and industry groups, CISPE claims the Commission had ignored potential risks such as significant price hikes and reinforced contractual lock-ins. Since the merger, CISPE notes an increase in prices and mandatory multi-year subscriptions for VMware products has negatively affected European cloud providers and their clients.CISPE secretary general Francisco Mingorence said: “The Commission looked at this merger through half-closed eyes and declared it safe. By rubber stamping the deal, Brussels handed Broadcom a blank cheque to raise prices, lock-in and squeeze customers.“Broadcom has, predictably cashed this cheque with interest. This was a failure of oversight by the regulator with real world costs for Europe’s cloud sector and every organisation that depends upon it.”CISPE’s challenge follows the EC’s defence of its 2023 approval of the Broadcom-VMware merger. The filing was submitted to the General Court on 3 December 2025 as part of Case T-503/25.Should the General Court overturn the EC’s approval, it could have substantial implications for Broadcom’s $61bn investment.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,827.41 -73.59 (-1.07%)Dow 3048,458.05 -245.96 (-0.51%)Nasdaq23,195.17 -398.69 (-1.69%)Russell 20002,551.46 -39.15 (-1.51%)VIX15.74 +0.89 (+5.99%)Gold4,328.30 +15.30 (+0.35%)Trending tickersBTC-USD Bitcoin USD 90,533.09 -1,946.29 (-2.10%)ETH-USD Ethereum USD 3,130.50 -116.66 (-3.59%)OKLO Oklo Inc. 87.42 -15.58 (-15.13%)^IXIC NASDAQ Composite 23,195.17 -398.69 (-1.69%)RBLX Roblox Corporation 88.51 -5.83 (-6.18%)PortfolioSign in to access your portfolioSign inTop gainersYOU Clear Secure, Inc. 41.08 +4.82 (+13.29%)RIVN Rivian Automotive, Inc. 18.42 +1.99 (+12.11%)EVCM EverCommerce Inc. 12.08 +1.19 (+10.93%)LULU lululemon athletica inc. 204.97 +17.96 (+9.60%)VERA Vera Therapeutics, Inc. 49.80 +3.78 (+8.21%)Top losersFRMI Fermi Inc. 10.09 -5.16 (-33.84%)MOD Modine Manufacturing Company 139.88 -25.31 (-15.32%)OKLO Oklo Inc. 87.42 -15.58 (-15.13%)SEI Solaris Energy Infrastructure, Inc. 46.07 -8.01 (-14.81%)SNDK Sandisk Corporation 206.18 -35.43 (-14.66%)Most activeNVDA NVIDIA Corporation 175.02 -5.91 (-3.27%)BBAI BigBear.ai Holdings, Inc. 6.38 -0.36 (-5.34%)PLUG Plug Power Inc. 2.3200 -0.0400 (-1.69%)RIVN Rivian Automotive, Inc. 18.42 +1.99 (+12.11%)TSLA Tesla, Inc. 458.96 +12.09 (+2.71%)Top economic eventsEarnings eventsMy earnings eventsEarnings events