CCCS seeks feedback on Advanced Micro Devices' acquisition of ZT Group International
Feedback submission will close on 10 December.
The Competition and Consumer Commission of Singapore (CCCS) is asking for public feedback on Advanced Micro Devices, Inc.’s (AMD) proposed acquisition of ZT Group Int’l, Inc.
The CCCS accepted the application from AMD and ZT on 22 November and is now reviewing whether the deal could breach section 54 of the Competition Act, which prohibits mergers that could significantly reduce competition in Singapore.
AMD and ZT have stated that they don’t directly compete in supplying goods or services in Singapore. However, they have a supplier-customer relationship, as AMD’s semiconductor products are used in servers designed by ZT and its competitors.
The CCCS wants to hear public views on how the acquisition might affect competition, including concerns about supply or market dominance.
The consultation is open from 26 November to 10 December.