Nvidia is facing fresh opposition over its $54bn plan to buy UK chip design company Arm, this time from EU officials who say that concessions made by the US chipmaker do not go far enough to mitigate potential damage to rivals.
The concerns come after the UK’s Competition and Markets Authority (CMA) said last month that the transaction risked suffocating innovation and harming competitors.
Nvidia is preparing to file for regulatory clearance for the deal in Brussels this week, possibly as soon as Tuesday. But worries have emerged among officials in the EU’s competition unit, which will be in charge of probing the merger.
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