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EU antitrust decision on Nvidia's Arm deal set for May 25

EU antitrust decision on Nvidia's Arm deal set for May 25
EU antitrust decision on Nvidia's Arm deal set for May 25   -   Copyright  Thomson Reuters 2022
By Reuters

BRUSSELS – EU antitrust regulators have resumed investigation of Nvidia’s deal for British chip designer ARM, setting a new deadline of May 25 for their decision, a European Commission filing showed.

The EU competition enforcer, which had temporarily halted its scrutiny in late December while waiting for more information from Nvidia, resumed its review on Jan. 11.

It had previously warned that the deal could push up prices and reduce choice and innovation. U.S. antitrust regulators are also against the deal while UK counterpart CMA has also voiced concerns.