All articles tagged with #anti monopoly
Originally Published 3 months ago — by Reuters
China's market regulator announced a preliminary investigation indicating Nvidia may have violated anti-monopoly laws and commitments related to its Mellanox acquisition, amid ongoing US-China trade tensions and concerns over AI chip access, leading to a 2% drop in Nvidia's shares.
Originally Published 1 year ago — by Investor's Business Daily
Nvidia's stock fell by 2.6% after China's market regulator launched an anti-monopoly investigation into the company, suspecting it of violating commitments made during its 2020 acquisition of Mellanox Technologies. This comes amid U.S. efforts to restrict semiconductor exports to China. Nvidia, which derives 15% of its revenue from China, is also facing a U.S. antitrust probe. Despite the drop, Nvidia's stock remains supported by its 50-day moving average and is listed on several IBD stock lists.
Originally Published 1 year ago — by Investopedia
Nvidia's stock fell after China's State Administration for Market Regulation announced an investigation into the company's 2020 acquisition of Mellanox Technologies for potential anti-monopoly violations. The deal, approved by regulators in China and other countries, included conditions to prevent Nvidia from discriminating against Chinese companies. Despite the probe, Nvidia's shares have risen significantly this year due to the AI boom.
Originally Published 1 year ago — by Bloomberg
China has launched an investigation into Nvidia for potential violations of anti-monopoly laws related to its 2020 acquisition of Mellanox Technologies. The probe by the State Administration for Market Regulation focuses on whether Nvidia has discriminated against Chinese firms, a condition set when Beijing approved the deal. This move comes amid increasing US sanctions on Chinese technology.
Originally Published 1 year ago — by Marijuana Moment
At an anti-monopoly cannabis event, Sen. Elizabeth Warren emphasized the need to legalize marijuana in a way that prevents domination by big businesses like Amazon and Big Tobacco, and addresses the century of racist policies under prohibition. She stressed the importance of prioritizing small businesses and communities most harmed by the war on drugs to ensure fairness and competition in the emerging cannabis industry.