Economics class: UK and EU to open probes into Nvidia’s $40bn acquisition of Arm
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Click to read the article below and then answer the questions:
Outline the main functions of the Competition and Markets Authority (CMA).
Explain how competition law helps to prevent:
— Abuse of a dominant market position
— Market sharing
— Price fixing
With reference to market structures, analyse why ‘some companies that rely on Arm’s technology fear that when it falls under the control of Nvidia, their competitor, they will be disadvantaged.’
Evaluate the extent to which ‘this transaction is great for innovation and market competition.’
Gavin Clarke, Emmanuel College