EU ‘Deeply Concerned’ by Nvidia-Arm Deal, Vestager Says (1)

Margrethe Vestager, the EU’s antitrust chief, weighed in on Nvidia Corp.’s bid for British chipmaker Arm Ltd., sayingBrussels regulators are “deeply concerned” by the proposed deal.

• Vestager said the EU is seeking additional internal documents like minutes from board meetings to see if the companies have revealed any expectations on the post-merger situation
• “It is a signal that we are deeply concerned,” she told reporters in Copenhagen on Friday. “It was optimistic to think this could be dealt with in phase 1,” she said, referring to need for the EU’s in-depth review of deal
• “The Americans ...