Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of VMware's whale activity within a strike price range from $120.0 to $212.6 in the last 30 days.

Source: https://www.benzinga.com/markets/options/23/07/33291474/looking-at-vmwares-recent-unusual-options-activity

Specifically, the EC is evaluating whether Broadcom could degrade interoperability or worse by preventing competitor hardware from using VMware's server virtualization software.

Source: https://www.forbes.com/sites/patrickmoorhead/2023/01/25/are-the-eu-concerns-with-broadcoms-vmware-deal-justified/

The CMA said it explored concerns that the deal could harm the ability of Broadcom's rivals to compete if the merged company were to make their products work less well with VMware's server virtualisation software.

Source: https://www.channelnewsasia.com/business/broadcoms-69-billion-vmware-deal-wins-provisional-uk-clearance-3639741?cid=cna_flip_070214