WebDec 2, 2024 · CNN Business —. The Federal Trade Commission on Thursday sued to block US chipmaker Nvidia’s proposed $40 billion takeover of UK chip design firm Arm, saying … WebDec 2, 2024 · The administration promised to break open gas, telecom and pharmaceutical markets to bring down consumer prices at the gas pump and for home internet and prescriptions. The Justice Department sued to stop the acquisition of Simon & Schuster by Penguin Random House. The F.T.C. lawsuit will be fought by Nvidia, the company said …
FTC sues to block Microsoft
WebDec 2, 2024 · The Federal Trade Commission on Thursday sued to block Nvidia's $40 billion acquisition of a fellow chip company, Arm, halting one of the biggest semiconductor … WebDec 8, 2024 · Dec 08, 2024. Consumer advocates cheered a lawsuit filed Thursday by the Biden administration in a bid to block the proposed merger of two of the world's leading video game companies, Microsoft and Activision Blizzard--a $69 billion deal the Federal Trade Commission argued would "harm competition" in the nearly $200 billion gaming … data genie printer
FTC Sues to Block $40 Billion Semiconductor Chip Merger
WebDec 2, 2024 · Nvidia’s $40 billion acquisition of Arm just ran into another massive hurdle: the Federal Trade Commission, which announced today that it’s suing to block the merger from going through due to ... WebDec 2, 2024 · “Tomorrow’s technologies depend on preserving today’s competitive, cutting-edge chip markets,” said Holly Vedova, the director of the F.T.C.’s competition bureau. “This proposed deal would distort Arm’s incentives in chip markets and allow the combined firm to unfairly undermine Nvidia’s rivals.” WebDec 2, 2024 · “Tomorrow’s technologies depend on preserving today’s competitive, cutting-edge chip markets,” said Holly Vedova, the director of the F.T.C.’s competition bureau. … martin cerullo attorney