Company Directory - Broadcom Inc.
Company Details - Broadcom Inc.
Broadcom Inc.
WebsiteSan Jose, United States
Broadcom Inc. is a global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions.
CCI Score
CCI Score: Broadcom Inc.
-13.47
0.01%
Latest Event
Broadcom Inc. Political Contributions and Lobbying Activities
Analysis of Broadcom Inc.'s involvement in political contributions and lobbying activities reveals significant expenditures and a pronounced revolving door phenomenon, with many lobbyists having prior government experience. This raises concerns about the company's potential influence on policies and its complicity in fostering environments conducive to authoritarian practices.
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ENABLER
Broadcom Inc. is currently rated as an Enabler.
Latest Events
- FEB062025
Analysis of Broadcom Inc.'s involvement in political contributions and lobbying activities reveals significant expenditures and a pronounced revolving door phenomenon, with many lobbyists having prior government experience. This raises concerns about the company's potential influence on policies and its complicity in fostering environments conducive to authoritarian practices.
-60
Political Contributions and Lobbying Efforts
March 25
The data from OpenSecrets indicates that Broadcom Inc. contributed approximately $1.8 million and spent around $2.12 million on lobbying in the 2024 cycle. Moreover, the revolving door effect, with a significant number of lobbyists having held government positions previously, suggests deep-rooted political influence. Such activity can facilitate policies that undermine democratic accountability and bolster authoritarian practices, warranting a negative score.
- DEC312024
Broadcom Inc spent $2,120,000 on lobbying in 2024, reflecting a significant effort to influence policy through substantial political contributions. This expenditure raises concerns about corporate influence on democratic processes and potential alignment with authoritarian practices.
-50
Political Contributions and Lobbying Efforts
March 25
The reported lobbying spend of $2,120,000 in 2024 indicates Broadcom Inc.'s aggressive engagement in influencing political decision-making. Such a level of expenditure can be seen as leveraging corporate power to shape policies in manners that may favor authoritarian or regressive outcomes, particularly when it comes to diminishing democratic accountability.
- JAN012024
Broadcom Inc. highlights its commitment to workforce development, diversity, and fair labor practices as part of its corporate citizenship initiatives, demonstrating positive support for ethical labor standards and human rights in the workplace.
+80
Labor Relations and Human Rights Practices
March 25
Broadcom's Corporate Citizenship page emphasizes strong labor relations and human rights practices. The company's commitment to providing safe working conditions, diversity, non-discrimination, and comprehensive employee support, along with recognition for workforce excellence, reflects a positive contribution to ethical labor practices. This proactive focus supports worker rights and aligns with anti-fascist values by promoting equity and respect in the workplace.
- OCT012023
Broadcom’s Government Affairs Office outlines its strategy for engaging with policymakers and key political leaders to advocate for responsible and balanced regulatory policies, emphasizing innovation and U.S. leadership in areas such as next-generation networks and 5G.
+30
Public and Political Behavior
March 25
Broadcom’s public policy advocacy, as expressed through its Government Affairs Office, emphasizes working with regulators and lawmakers to promote balanced regulatory and antitrust frameworks. While the stated focus on responsible policymaking appears positive, there is an inherent risk that such corporate influence may prioritize business interests over broader public accountability, a concern for those wary of corporate complicity in manipulating political discourse.
+20
Executive Political Engagement
March 25
The article details executive-level engagement where Broadcom actively collaborates with key political figures and agencies, such as those on Capitol Hill and the FCC, to further its strategic interests in advancing U.S. leadership in technology. While this can be seen as effective corporate advocacy, it also raises concerns about undue corporate influence in policymaking.
- JUN302021
The Federal Trade Commission has issued a complaint accusing Broadcom of engaging in exclusive dealing and monopolistic practices in semiconductor markets, forcing customers into long-term agreements that limit their ability to source components from competitors.
-80
Business Practices and Ethical Responsibility
March 25
The FTC complaint alleges that Broadcom used exclusive dealing contracts to establish and maintain monopolies in multiple semiconductor markets. This practice undermines ethical business behavior and fair competition, contributing to corporate practices that mirror authoritarian control over market dynamics.
-70
Economic and Structural Influence
March 25
Broadcom's enforcement of long-term exclusive agreements restricts market competition and consolidates economic power. Such structural influence over the market not only limits consumer choice but also creates conditions that favor undemocratic, monopolistic practices, which can indirectly support authoritarian tendencies.
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