Nvidia is facing an antitrust probe from US regulators amid competitor complaints, report says
- Nvidia is being investigated by the U.S. Justice Department for allegedly abusing its market dominance in AI chip sales, according to The Information.
- Concerns include Nvidia possibly cornering the market and pressuring customers to keep buying solely from them, involving threats against those using competitors' products.
- Ten advocacy groups recently urged Assistant Attorney General Jonathan Kanter to investigate Nvidia, stating it warrants "the most aggressive scrutiny.
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Ticker: Justice Department sues TikTok; Nvidia is facing an antitrust probe from US regulators
The Justice Department sued TikTok on Friday, accusing the company of violating children’s online privacy law and running afoul of a settlement it had reached with another federal agency. The complaint, filed together with the Federal Trade Commission in a California federal court, comes as the U.S. and the prominent social media company are embroiled in yet another legal battle that will determine if – or how – TikTok will continue to operate i…
Associated Press News
Nvidia is facing an antitrust probe from US regulators amid competitor complaints, report says
Antitrust tensions are heating up in the chipmaking industry. Rivals have accused Wall Street darling Nvidia of abusing its market dominance in selling chips that power artificial intelligence — and the U.S.
The chip maker is said to have forced customers to make additional purchases
Nvdia's competitors speak of abusing its dominant position in the chip market for artificial intelligence applications.,
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