Antitrust regulators in France set to charge Nvidia for alleged anti-competitive practices - Reuters
According to a report from Reuters on Monday, antitrust regulators in France are readying to charge NVIDIA for allegedly anti-competitive practices.
The French statement of objections, also known as the charge sheet, would follow dawn raids in the graphics cards sector in September last year. According to Reuters, its sources said the raids targeted Nvidia (NASDAQ:The company has seen demand for its chips surge following the release of the generative AI application, primarily ChatGPT, late last year.
However, the emergence of GenAI has also resulted in heightened regulatory scrutiny in the US and Europe.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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Antitrust regulators in France set to charge Nvidia for alleged anti-competitive practicesAntitrust regulators in France set to charge Nvidia for alleged anti-competitive practices - Reuters
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