FTC is suing Nvidia over Arm acquisition

In the latest development of the Nvidia – Arm acquisition saga, the US Federal Trade Commission (FTC) is suing Nvidia in an attempt to block its $40 billion purchase of the British-based chipset design company. The FTC’s reasoning behind the move is to prevent innovation stifling which it believes would result if the merger goes through. In addition, the FTC believes Nvidia would hold an unfair advantage in accessing sensitive information over rivals such as Qualcomm, Samsung and Apple as these companies rely on Arm-licensed chip designs. The FTC is suing to block the largest...

via shopmatrix