The European Commission is launching a more extensive competition investigation into the proposed acquisition of chip specialist Arm by Nvidia. The committee believes the acquisition could lead to higher prices and reduced innovation.
Nvidia, manufacturer of graphics chips, wants to pay no less than 40 billion dollars for the British company.
This puts a vital supplier to Apple, Samsung and Qualcomm, among others, under the control of a single player.
The EU has analyzed concluded that Arm has ‘significant market power’ in licensing.
Among other things, the EU wants to investigate whether the takeover could ‘stifle’ innovation in the semiconductor sector.
The deadline for the comprehensive survey is March 15, 2022.
Source: Nieuws – Emerce by www.emerce.nl.
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