Dec 03, 2021 11:20:00

Federal Trade Commission filed suit to suspend NVIDIA's acquisition of Arm

The Federal Trade Commission (FTC) in the United States has filed an injunction against the acquisition of Arm, a semiconductor design company by NVIDIA, a chip maker that has been pointed out as having the potential to hinder innovation.

FTC Sues to Block $ 40 Billion Semiconductor Chip Merger | Federal Trade Commission

https://www.ftc.gov/news-events/press-releases/2021/12/ftc-sues-block-40-billion-semiconductor-chip-merger

Arm is a '

great success company that is not well known to the general public ' and has been under the umbrella of the SoftBank Group since 2016, but was acquired by chip maker NVIDIA in 2020.

Softbank sells Arm to NVIDIA for about 4.2 trillion yen-GIGAZINE

The acquisition by NVIDIA was feared to 'lead to industry-wide stagnation ' and 'create a technology monopoly ' even before the deal was closed, and in April 2021 the British government blamed 'national security concerns'. Intervening in the situation.

The British government intervenes in the acquisition of NVIDIA's Arm, which has moved about 4.2 trillion yen, because of 'national security concerns' --GIGAZINE

by htomari

FTC has filed a lawsuit to prevent the takeover, saying, 'One of the biggest chip companies will dominate the technology and design that rivals also use, and have the means and motivation to hinder innovative next-generation technologies. Will be. '

The European Commission's vote on the issuance of administrative complaints will be 'issued' 4-0, and the administrative trial is scheduled to begin on August 9, 2022.