On 14 May 2021, the consultation period on the effects of NVIDIA's planned acquisition of Arm Ltd. on national security ended. The consultation was opened on 19 April 2021, when the Secretary of State for Digital, Culture, Media and Sport issued a public interest intervention notice (PIIN). The consequence of this intervention is, that now the Secretary of State will interpret the effects of the planned merger between NVIDIA and Arm Ltd. on competition, as well as on public interest. Furthermore, it will be the Secretary of State that will decide on the matter of initiating an in-depth investigation (phase 2) into the planned acquisition. On the same day, the CMA also opened another consultation period, that will run until 17 May 2021 and is centred around the effects on competition, as stated in the merger provisions of the Enterprise Act 2002.
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