Competition watchdogs examine chip deal

The EU Commission is investigating the acquisition of Israeli chip developer Autotalks by Qualcomm, even though the deal does not meet the corresponding thresholds. This is only the second time EU competition authorities have decided to do so based on new guidelines from 2021. The first case, the acquisition of US medical technology company Grail by Illumina, also caused political controversy and is still being heard before the European Court of Justice.