The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd. Semiconductor chips power the computers and technologies that are essential to our modern economy and society.
The US FTC has initiated legal action to prevent Nvidia’s acquisition of Arm. This follows prolonged investigations into the deal by the UK and EU. The FTC
In the tech world, a big company cannot just buy another big brand if it can afford and wants too. Both companies need to prove many things. The Federal Trade Commission is responsible to check such acquisitions and mergers. The latest it’s been checking is Nvidia’s acquisition of Arm. The FTC is suing to block […]