EU to investigate Nvidia's $54 bln ARM bid, says deal may harm competition - NewsBreak

Home > Business
By Victor in Business
Updated 2 years ago

BRUSSELS, Oct 27 (Reuters) - EU antitrust regulators opened on Wednesday a four-month long investigation into Nvidia's (NVDA.O) $54 billion bid for British chip designer ARM, saying the deal could lead to higher prices, less choice and reduced innovation. The European Commission said concessions offered by the world's biggest maker...

eu-to-investigate-nvidia-s-54-bln-arm-bid-says-deal-may-harm-competition-newsbreak