Article 6XFSF VMware Price Hikes? Between 800 and 1,500% Since Acquisition By Broadcom, Claim Euro Customers

VMware Price Hikes? Between 800 and 1,500% Since Acquisition By Broadcom, Claim Euro Customers

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msmash
from Slashdot on (#6XFSF)
Broadcom has upped VMware licensing costs by between eight to 15 times since it took over the organization, and a lack of alternatives in the tech industry means trade and end customers have no choice but to play ball. From a report: This is the according to the European Cloud Competition Observatory (ECCO), an independent body formed by customer organizations, and CISPE -- a trade association of 37 cloud providers in the region -- to monitor the behavior of software vendors accused of abusing their monopoly position. The report also calls for regulatory intervention. The current subscription model "creates a material risk for the company and their shareholders should Regulators investigate and challenge the legality of such model," the report adds.

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