UK Digital Secretary orders ‘Phase Two’ probe into Nvidia-Arm merger
UK Digital Secretary Nadine Dorries has ordered a “Phase Two” probe into the proposed £29 billion merger between Nvidia and Arm.
The CMA (Competition & Markets Authority) has been investigating whether the deal is anti-competitive. In August, it declared the deal does indeed raise “serious competition concerns”.
Arm founder Hermann Hauser went further and suggested the merger would amount to “surrendering the UK’s most powerful trade weapon to the...