Nvidia is accused of engaging in anticompetitive practices, such as allegedly abusing its dominant position in the market for AI chips, specifically graphics processing units (GPUs). The French antitrust regulator is set to charge Nvidia for these practices, making it the first enforcer to act against the company3.
The French agency charging Nvidia for allegedly anti-competitive practices is the French antitrust regulator. This move makes it the first enforcer to act against the computer chip maker.
Nvidia shares dropped by as much as 3.8% in New York following the announcement of a potential antitrust complaint in France. The company has been facing increased regulatory scrutiny due to its dominant position in the AI market.