Nvidia’s Arm Bid Sparks Weekly U.K. Talks With FTC
- CMA’s Coscelli says team also speaks with EU over chip deal
- G-7 antitrust heads to meet in U.K. to discuss digital markets
Photographer: David Paul Morris/Bloomberg
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The U.K.’s top antitrust regulator says his agency discusses Nvidia Corp.’s controversial bid for Arm Ltd. with his U.S. counterpart Lina Khan’s Federal Trade Commission “literally every week” in a sign of the intense scrutiny facing the blockbuster chip deal.
Competition and Markets Authority Chief Executive Officer Andrea Coscelli says the frequency of the conversations on the deal -- which is at risk on numerous regulatory fronts -- underscores his cooperation with Khan and her team as well as with the European Commission’s antitrust arm, led by Margrethe Vestager.