Nvidia set to be charged under French competition law
Nvidia is set to be charged with alleged anti-competitive practices by the French antitrust regulator, according to a Reuters report that referenced unnamed sources.
The preparation of charges follows a raid in September 2023 on Nvidia premises in Paris by the French antitrust regulator, the Autorité de la concurrence (see Nvidia comes under European anti-competitive scrutiny). The regulator did not name Nvidia at the time, but the company confirmed the investigation in the regulatory filing for its third quarter for fiscal 2024 (see Nvidia triples Q3 sales, confirms chip leadership). The company also said it is facing increased interest from other regulators in the European Union and China.
The French competition authority issued a report last Friday that said there was a risk of market abuse by chip providers in the generative AI sector and expressed concern about the market’s dependence on Nvidia’s CUDA chip programming software, Reuters said. The same report said there are concerns around Nvidia’s investments in AI-focused cloud service providers such as CoreWeave.
Meanwhile Nvidia, Microsoft and OpenAI are under scrutiny in the US with investigations being shared between the Department of Justice and the Federal Trade Commission, according to earlier reports.
Related links and articles:
Nvidia confirms it is under scrutiny in EU, US and China
Nvidia comes under European anti-competitive scrutiny
Nvidia continues to quadruple sales year-on-year
Intel aims at Nvidia with Gaudi 3 AI chip
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