Setback for Nvidia's $54 bln ARM bid as EU regulators open probe - NewsBreak
By Bryan in Business
Updated 2 years ago
BRUSSELS, Oct 27 (Reuters) - Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM on concerns the deal could lead to higher prices, less choice and reduced innovation. Britain's competition agency is also probing...