China says NVIDIA’s Mellanox acquisition violated antitrust law

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A regulator has accused NVIDIA of violating China’s antitrust laws over its acquisition of chipmaker Mellanox. In its preliminary findings of an investigation it commenced , the State Administration for Market Regulation (SAMR) claimed that the company breached both national regulations and the conditional terms China outlined when it rubberstamped the $6.9 billion takeover. The SAMR hasn’t announced any penalties yet, as the investigation will continue.

The SAMR is said to have determined its…



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China says NVIDIA’s Mellanox acquisition violated antitrust law


A regulator has accused NVIDIA of violating China’s antitrust laws over its acquisition of chipmaker Mellanox. In its preliminary findings of an investigation it commenced , the State Administration for Market Regulation (SAMR) claimed that the company breached both national regulations and the conditional terms China outlined when it rubberstamped the $6.9 billion takeover. The SAMR hasn’t announced any penalties yet, as the investigation will continue.

The SAMR is said to have determined its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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