The FTC announced the suit on Thursday, citing concerns about innovation and competition as a primary reason. The Commission is worried Nvidia’s control could distort Arm’s incentives…
Why it matters: This week, The US Federal Trade Commission (FTC) sued to block Nvidia’s $40 billion acquisition of Arm. The FTC says the deal would give Nvidia too much leverage over companies that rely on Arm for their technology, including Nvidia’s rivals. The merger is already facing an EU antitrust investigation. The FTC announced the suit on Thursday, citing concerns about innovation and competition as a primary reason.
