U.S. sues to block Nvidia merger with Arm, the largest semiconductor deal in history

📆 03-12-2021 05:32:00
📰 MarketWatch

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The FTC sued to block Nvidia’s proposed $40 billion acquisition of Arm. “This proposed deal would distort Arm’s incentives in chip markets and allow the combined firm to unfairly undermine Nvidia’s rivals,” said FTC Bureau of Competition Director.

The Federal Trade Commission sued to block Nvidia Corp.’s proposed $40 billion acquisition of Arm Ltd. on Thursday.

“Tomorrow’s technologies depend on preserving today’s competitive, cutting-edge chip markets,” FTC Bureau of Competition Director Holly Vedova said in a statement. “This proposed deal would distort Arm’s incentives in chip markets and allow the combined firm to unfairly undermine Nvidia’s rivals.

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RIP Jim Cramer

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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