Nvidia sees Arm deal behavioral remedy rejected as UK's CMA recommends in-depth probe
By Victoria Ibitoye ( August 20, 2021, 15:16 GMT | Insight) -- Nvidia’s bid to allay the UK competition regulator’s concerns over its $40 billion swoop for Arm by promising an open licensing regime has been rejected. The Competition and Markets Authority said today that it didn't believe a set of behavioral remedies put forward by Nvidia would adequately address its concerns and that the deal should be progressed to an in-depth probe on competition grounds.Nvidia’s bid to allay the UK competition regulator’s concerns over its $40 billion swoop for Arm by promising an open licensing regime has been rejected....
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