China's State Administration for Market Regulation (SAMR) has launched an investigation into Nvidia Corporation's business practices, citing potential violations of the country's anti-monopoly regulations.
The probe was initiated following allegations that Nvidia may have breached anti-monopoly rules during its acquisition of computer parts supplier Mellanox Technologies Ltd. The chipmaker secured approval for the purchase from antitrust agencies in China, the European Union, and the United States in 2020.
This investigation comes on the heels of a similar probe planned by the European Commission into Nvidia's antitrust activities, as reported by Reuters. The scrutiny highlights the global regulatory attention Nvidia's business practices are receiving.
Nvidia's acquisition of Mellanox has been a significant move in the tech industry, potentially giving the company a competitive edge. However, it also raises questions about fair market practices and the need for regulatory oversight to ensure a level playing field.
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