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2021-12-03
Does not take away the fact NVDA is a shining gem
U.S. FTC sues to block Nvidia deal to buy Arm
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British regulators said last month they would launch an in-depth probe of the deal, and it is also under scrutiny in the European Union. Nvidia shares, however, remained mostly unchanged by the news on Thursday as investors have focused on its growing data center business.</p>\n<p>The FTC alleged \"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, harming the millions of Americans who benefit from Arm-based products.\"</p>\n<p>The FTC added the combined firm \"would have the means and incentive to stifle innovative next-generation technologies, including those used to run data centers and driver-assistance systems in cars.\"</p>\n<p>The U.S. company agreed to buy ARM from Softbank in September 2020, triggering a backlash from politicians, rivals and customers.</p>\n<p>The FTC said it has cooperated closely with staff of the competition agencies in the European Union, United Kingdom, Japan, and South Korea.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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British regulators said last month they would launch an in-depth probe of the deal, and it is also under scrutiny in the European Union. Nvidia shares, however, remained mostly unchanged by the news on Thursday as investors have focused on its growing data center business.\nThe FTC alleged \"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, harming the millions of Americans who benefit from Arm-based products.\"\nThe FTC added the combined firm \"would have the means and incentive to stifle innovative next-generation technologies, including those used to run data centers and driver-assistance systems in cars.\"\nThe U.S. company agreed to buy ARM from Softbank in September 2020, triggering a backlash from politicians, rivals and customers.\nThe FTC said it has cooperated closely with staff of the competition agencies in the European Union, United Kingdom, Japan, and South Korea.","news_type":1},"isVote":1,"tweetType":1,"viewCount":971,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":39,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/601660550"}
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