French competition authority confirms investigation into Nvidia


PARIS (Reuters) – The French competition authority confirmed on Monday that an investigation is underway into chipmaker Nvidia over alleged anti-competitive practices.
PARIS (Reuters) – The French competition authority confirmed on Monday that an investigation is underway into chipmaker Nvidia over alleged anti-competitive practices.
Benoit Coeure, president of the agency, told Reuters on the sidelines of a press briefing that the company would be charged “if the investigation is fruitful”.
Reuters, citing sources, reported earlier this month that the company was set to be charged by the French antitrust regulator.
(Reporting by Dominique Patton, Editing by Louise Heavens)
Anti-competitive practices are actions by businesses that reduce competition in the market, such as price fixing, monopolies, or collusion, which can harm consumers and other businesses.
An investigation in a legal context refers to the process of examining facts and evidence to determine if laws have been violated, often conducted by regulatory agencies or law enforcement.
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