BRUSSELS : EU antitrust regulators have resumed investigation of Nvidia’s deal for British chip designer ARM, setting a brand new deadline of May 25 for their (*25*), a European Commission submitting confirmed.
The EU competitors enforcer, which had briefly halted its scrutiny in late December whereas ready for extra info from Nvidia, resumed its evaluation on Jan. 11.
It had beforehand warned that the deal may push up costs and scale back selection and innovation. U.S. antitrust regulators are additionally towards the deal whereas UK counterpart CMA has additionally voiced considerations.
(Reporting by Foo Yun Chee; Editing by David Goodman)