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<p>The government is clear that Arm is an important part of the UK's technology sector
and makes a significant contribution to the UK economy.</p><p>The Competition and
Markets Authority bears responsibility for assessing any competition impacts arising
from the proposed deal and it will be following its normal regulatory processes in
examining this deal. Separately, the Secretary of State also has the responsibility
for determining whether or not to refer an acquisition on public interest grounds
if relevant thresholds in the Enterprise Act 2002 are met. As such, we are examining
this potential acquisition carefully.</p><p>We note that it is subject to regulatory
approvals in multiple jurisdictions and is not expected to complete until 2022. It
would be inappropriate to comment further at this stage.</p><p> </p>
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