- AMD announced the deal in October last year
- It said the merged company would not have the incentive to foreclose rival providers of central processing units (CPUs) and graphics processing units (GPUs) and the presence of alternative suppliers
As per a report by Reuters, semiconductor designer Advanced Micro Devices Inc has secured unconditional EU antitrust approval for its $35 billion bid for Xilinx Inc. AMD announced the deal in October last year.
The European Commission said it had not found any issues after a preliminary review. The report added that the EU competition enforcer said that the proposed transaction would raise no competition concerns in the European Economic Area given the absence of horizontal overlaps and vertical relationships between the activities of the companies.
Incentive to foreclose rival providers of central processing units (CPUs)
It said the merged company would not have the incentive to foreclose rival providers of central processing units (CPUs) and graphics processing units (GPUs) and the presence of alternative suppliers.
