4.9 • 9 Ratings
🗓️ 10 September 2021
⏱️ 24 minutes
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0:00.0 | Hello there, this is Mlex's weekly podcast covering the top stories in regulatory affairs with the help of our team of reporters around the globe. |
0:18.6 | My name is James Panicki. It's great to be with you again after a few weeks away, |
0:22.6 | and I hope you've been well wherever you may be listening. |
0:26.6 | Now in just over 10 minutes time, we'll be talking about smart vehicles and what the Chinese government |
0:31.6 | is doing to encourage their development and to regulate the industry. |
0:36.6 | And as we'll see, it's a tricky balance |
0:38.6 | and one that takes in both privacy and security concerns. Our mobility reporter Shu Wan will walk us |
0:45.3 | through that fascinating issue. First up, though, a global acquisition that has attracted |
0:50.2 | our attention. US chipmaker, Nvidia, has agreed to buy ARM, that's AARM, a UK |
0:56.8 | chip designer, for $40 billion US dollars. It's a deal that ticks all of our boxes. It's a |
1:02.9 | vertical arrangement, there's technology involved, considerations of national interest and post-Brexit |
1:08.4 | regulatory rivalry. What is there not to like about that deal? |
1:13.2 | And this week, the news that the EU regulator, the European Commission, is reviewing the |
1:17.8 | acquisition, a decision that had been a while coming. Natalie McNeilis covers mergers from Brussels, |
1:24.2 | hers was the scoop on Wednesday evening that the deal's notification had been filed |
1:28.4 | to the European Commission, and she joins me now. Nat, a very nice job there, kudos, praise, and |
1:34.5 | admiration for that report. Thank you very much. I have to say it was a really a long time coming. |
1:41.0 | We've been waiting. You know, they announced the deal in September 2020, |
1:46.4 | and we understood that basically from the get-go, the companies were already talking to the European |
1:51.5 | Commission. So we've been, you know, waiting for all that time for the notification. Of course, |
1:57.2 | pre-notification generally takes a long time, but a year, that's a bit of a record. |
2:04.3 | And so we were really excited to get the scoop on it. |
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