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Image header Agence Europe
Europe Daily Bulletin No. 11806
Contents Publication in full By article 13 / 28
ECONOMY - FINANCE - BUSINESS / Competition

Commission opens in-depth investigation into Qualcomm's planned takeover of NXP

On Friday 9 June, the European Commission decided to open an in-depth investigation into the proposed acquisition of NXP by Qualcomm, to ensure that the transaction does not lead to an increase in prices, less choice and less innovation in the field of semiconductors, which are used in most household devices. 

Qualcomm is active in the semiconductor market, supplying integrated circuits (baseband chipsets) for use in mobile devices, enabling cellular telecommunications standards. NXP...

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