Ron Burgundy Posted August 3, 2015 Share Posted August 3, 2015 BRUSSELS (Reuters) - European Union competition authorities will decide by Sept. 4 whether to allow Dutch chipmaker NXP to acquire U.S. rival Freescale in a $11.8 billion deal. NXP sought EU approval last week, according to a filing on the European Commission site on Monday. The EU antitrust regulator can clear the deal unconditionally or demand concessions to allay competition concerns. It can also extend its review to a full-scale investigation if it has deeper worries. NXP's security chips are used in security cards, government passports and building ID tags. ... View the full article Quote Link to comment Share on other sites More sharing options...
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