Ftc End Of Nvidia Arm Merger Safeguards Future Innovation
On February 14, FTC Bureau of Competition Director Holly Vedova said the termination “of what would have been the largest semiconductor chip merger will preserve competition for key technologies and safeguard future innovation.” “This result is particularly significant because it represents the first abandonment of a litigated vertical merger in many years,” Vedova commented. Nvidia announced the purchase of Arm from SoftBank in 2020 for $12 billion in cash and $21....