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FTC, US issues statement on termination of Qualcomm’s proposed acquisition of Autotalks

Mar 26, 2024

On March 25, the Federal Trade Commission (FTC) stated in response to Qualcomm Inc.’s decision to abandon its proposed acquisition of Autotalks Ltd. Based on its probe into this proposed merger, FTC staff was concerned that the deal might harm competition in markets for V2X chipsets and related products.
FTC said tha....

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