NVIDIA suspected of anti-competitive behavior, French antitrust regulator officially launches investigation
French antitrust regulators have launched an investigation into NVIDIA for alleged anti-competitive behavior. If the investigation confirms the accusations, NVIDIA will face legal action, impacting its business operations. This event highlights the global regulatory scrutiny on the technology industry, especially in terms of antitrust and market competition
According to the financial news app Zhitong Finance, the French antitrust regulatory authority Autorité de la concurrence confirmed on Monday that the leading artificial intelligence computing company NVIDIA (NVDA.US) is currently facing an investigation into alleged anti-competitive behavior. The chairman of the authority, Benoit Coeure, explicitly stated at a press conference that if the investigation confirms the allegations, NVIDIA will face legal action.
This disclosure follows a report earlier this month by Reuters, which indicated that NVIDIA is about to be accused by French regulatory authorities. It is reported that this dissent statement from the French regulatory authority came after a series of surprise inspections in the graphics card industry, as part of a broader investigation into the cloud computing sector. In September last year, NVIDIA became the primary target of these surprise inspections.
The action taken by the French Competition Authority marks the first formal action taken against NVIDIA by an enforcement agency globally in the trend of regulating computer chip manufacturers. This event highlights the attention of regulatory agencies worldwide to the technology industry, especially in the areas of antitrust and market competition.
As the investigation progresses, whether NVIDIA will face legal action and how this will affect its business operations globally will become a focal point of close attention for the industry and financial markets