CMA probes Autotalks’ acquisition by Qualcomm

The Competition and Markets Authority (CMA), UK, has initiated a probe into the acquisition of Autotalks, a specialist in chips designed for crash-prevention technology in vehicles, by Qualcomm to assess potential implications for competition in the UK market. The European Commission, the competition regulator of European Union had previously ordered that Qualcomm must seek antitrust approval for this potential takeover of Autotalks, underlining the international scrutiny the deal has attracted.