<p>The European Union is set to launch a formal competition probe into Nvidia's planned $54 billion takeover of British chip designer Arm early next month, the Financial Times reported on Friday, citing two people with direct knowledge of the process.</p>.<p>The investigation is likely to begin after Nvidia officially notifies the European Commission of its plan to acquire Arm, according to the report</p>
<p>The European Union is set to launch a formal competition probe into Nvidia's planned $54 billion takeover of British chip designer Arm early next month, the Financial Times reported on Friday, citing two people with direct knowledge of the process.</p>.<p>The investigation is likely to begin after Nvidia officially notifies the European Commission of its plan to acquire Arm, according to the report</p>