Nvidia's Arm Deal Faces UK National Security Probe

Nvidia's bid for British chipmaker Arm faces a national security review in the U.K., in another potential pitfall for a deal under intense scrutiny from antitrust regulators across the world. From a report: The Competition and Markets Authority has been instructed to carry out the review alongside a closer look at whether there are competition concerns, Nadine Dorries, Secretary of State for Culture and Digital said in a statement Tuesday. The U.K. has been amping up oversight of deals that may affect defense and has weighed a potential veto of Nvidia's takeover bid. The minister's decision is separate to the nation's antitrust review of how the deal may affect rivals and customers. Companies can allay security and antitrust concerns by selling off units or making binding pledges. "Arm has a unique place in the global technology supply chain and we must make sure the implications of this transaction are fully considered," Dorries said.

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