EU INVESTIGATES NVIDIA'S PURCHASE OF CHIP DESIGNER ARM
Techlife News|October 30, 2021
European Union regulators opened an investigation this week into graphics chipmaker Nvidia’s $40 billion purchase of chip designer Arm over concerns it would limit competition, adding to global scrutiny of the deal.
The European Commission said it’s concerned the combined company would have the ability and incentive to restrict access to technology from United Kingdom-based Arm Ltd., whose chip designs power the vast majority of the world’s smartphones.

The commission, which is the EU’s top antitrust authority, said it worried the deal would result in higher prices, less choice and reduced innovation in the semiconductor industry.

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