(MENAFN) The American Federal Trade Commission defied the assumed seizure of chip maker Arm by Nvidia.
The planned takeover would let Nvidia receive great control on the technology of computing which rivals depend upon.
Arm give permits to huge tech firms to use its models and skills, Such as Apple, Qualcomm, Sony and Samsung.
The company reported it would “work to demonstrate that this transaction will benefit the industry.”
The American regulator mentioned: “The proposed merger would give Nvidia the ability and incentive to use its control of this technology to undermine its competitors, reducing competition and ultimately resulting in reduced product quality, reduced innovation, higher prices, and less choice.”
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