According to Reuters, Qualcomm, a U.S. smartphone chipmaker, has offered concessions in an attempt to allay EU antitrust concerns over its $38-billion bid for NXP Semiconductors, the largest ever in the semiconductor industry.
1. What are Qualcomm’s chips used for?
2. What is the EU Commission’s greatest concern about this merger?
3. What was the August 17 action about?
Staff. (2017). Qualcomm offers EU concessions over $38 billion NXP takeover bid. Reuters, Oct. 9 (Retrievable online at https://www.reuters.com/article/us-usa-sec-cyber-exclusive/exclusive-secs-corporate-filing-system-vulnerable-to-denial-of-service-attacks-memo-idUSKBN1CB0AL)