EU antitrust regulators investigating Nvidia for unfair product bundling, potential fines

From Investing.com: 2024-12-06 08:19:11

EU antitrust regulators are investigating Nvidia for potentially unfair bundling of products, given its 84% market share in AI chips. The company faces scrutiny from multiple regulators worldwide. The European Commission is specifically looking into the tying of GPU products. Nvidia claims to compete fairly and support industry standards.

The Commission’s questionnaires may lead to a formal investigation, with potential fines up to 10% of Nvidia’s global annual turnover. The French antitrust regulator is also probing Nvidia and preparing charges. Nvidia’s dominance in AI and accelerated computing has attracted regulatory attention globally. It remains to be seen how the company will address these concerns.



Read more at Investing.com: Nvidia’s business practices in EU antitrust spotlight, sources say By Reuters