In what may be the least surprising news on Wall Street in a while,
Nvidia
’s
$40 billion deal to buy chip designer Arm from
However, the regulatory unraveling of such a massive deal may be a cautionary tale, or even a warning shot to other megacap tech companies.
It’s great being a global company but that also comes with regulatory scrutiny from around the world. The Federal Trade Commission sued to block the acquisition in December, citing competition concerns and all but ending hopes for a deal. But it was also facing investigations by regulators in the U.K., Europe, and China.
Those hurdles became too much. The big win for antitrust regulation raises questions over the ability of Big Tech to expand through mergers and…
