The criticism of Nvidia’s planned takeover of the British chip designer ARM has significant supporters. Google, Microsoft and Qualcomm, among others, fear that the deal would jeopardize competition in their industry. Bloomberg learned this from internal sources.
Complaint to the antitrust authorities
The companies have complained to the US antitrust authorities. The is currently checking the takeover. In addition to the USA, the competition watchdogs in the European Union, China and Great Britain also have to agree.
The previous owner Softbank and Nvidia announced the deal with a volume of around 40 billion dollars in September.
There was also criticism from China and the EU
Huawei and other Chinese companies had already filed a complaint with the Chinese antitrust authorities because they feared they would be cut off from the ARM technology
One of the co-founders of ARM had the takeover as a “disaster for Cambridge, Great Britain and Europe”
The antitrust authorities in the US, EU and China still have several months to decide on the deal to decide.
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