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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.

Questions:
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?

Source:
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)

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