UK NVIDIA probe details revealed as Arm acquisition remains in limbo
The UK isn’t going easy on NVIDIA.
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What you need to know
It’s public knowledge that NVIDIA hasn’t been having the easiest go of it when it comes to acquiring Arm and moving on with its corporate life. Regulators all over the world have been giving the company new obstacles to overcome, alongside a vocal assortment of rival businesses who don’t like the sound of the acquisition. And now, we have a better look than ever before at how the UK feels about the situation thanks to a newly publicized report from July 20, 2021, entitled “A report to the Secretary of State for Digital, Culture, Media & Sport on the anticipated acquisition by NVIDIA Corporation of Arm Limited.” Quite a long name!
You can find the reporthere. It highlights the various concerns associated with the deal, alongside other relevant items related to NVIDIA’s Arm efforts. Here’s a choice quote from the document: “The CMA concluded that it would not be appropriate to deal with the competition concerns identified by way of undertakings in lieu of a reference to a phase 2 investigation.” (CMA stands for Competition and Markets Authority.)
Related to the release of the report, UK Digital Secretary Nadine Dorries ordered that the merger be escalated to a phase two probe. In other words, NVIDIA’s troubles are far from over.
The EU is alsogiving NVIDIA a hard time, after stalling proceedings thanks tosummer vacation. And lest anyone forget,China’s regulatory bordiescan be a difficult hurdle to clear.
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Robert Carnevale is the News Editor for Windows Central. He’s a big fan of Kinect (it lives on in his heart), Sonic the Hedgehog, and the legendary intersection of those two titans, Sonic Free Riders. He is the author ofCold War 2395. Have a useful tip? Send it to robert.carnevale@futurenet.com.
