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[EC] investigates ["US-based"] Nvidia's purchase of ["UK-based"] chip designer Arm
"Our investigation aims to ensure that companies active in Europe continue having effective access to the technology that is necessary to produce state-of-the-art semiconductor products at competitive prices," said EU Commissioner Margrethe Vestager, who's in charge of competition and digital issues for the bloc. [...] The commission has until March 15 to decide whether to clear the deal. The EU concerns echo those cited by the U.K's competition watchdog, which opened its own investigation earlier this year.
European Commission to launch Chips Act in bid for strategic autonomy
by Cat on Thu Oct 28th, 2021 at 12:20:33 AM EST
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