DC blocks merger
Maybe they should get Marvel in the mix? (or did I mean to write "Marvell"?)
The White House crushed Broadcom's bid for Qualcomm, declaring the deal cannot go due to national security concerns. An executive order, handed down by the Trump administration on Monday, says that at the urging of the Committee on Foreign Investment in the United States, the President has decided to prohibit the deal and to …
This post has been deleted by its author
Funny how many of Trumps recent actions have been in the name of "national security". I think maybe he only recently discovered that loop-hole and now realises he can apply it to anything where he needs to override the normal processes.
Having said that,merging two of the biggest competitors in an industry is rarely a good thing. Competition gets stifled, new entrants have an even bigger bar to entry and customers end up paying more for less.