The British competition watchdog to probe Nvidia’s Arm grip

    (Reuters) – The UK competition regulator said Wednesday that it will launch an investigation into Nvidia Corp’s $ 40 billion deal to purchase Arm Holdings, the UK-based chip designer.

    “The CMA is likely to consider whether, following the acquisition, Arm has an incentive to withdraw, increase prices or reduce the quality of its IP licensing services to rivals from NVIDIA,” the Competition and Markets Authority said.

    Nvidia struck a deal with Japanese group Softbank in September for Arm.

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    Pushkala Aripaka reporting in Bengaluru; Editing by Anil D’Silva

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