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Surprising Twist: France Launches Raid on Graphics Card Company, Startling Secrets

Surprising Twist: France Launches Raid on Graphics Card Company, Startling Secrets

The raid on Nvidia by French authorities is part of a larger effort by European regulators to curb the dominance of Big Tech companies and promote fair competition in the market. Nvidia’s importance lies in its near-monopoly of the GPU market, with 84% market share, and its crucial role in fast-developing artificial intelligence (AI) technology. The company’s GPUs are highly sought after by technology companies, video game console makers, and even bitcoin miners. Additionally, Nvidia’s presence in the cloud computing sector and its chips being essential for AI startups make it a subject of interest for regulators. The French competition authority (FCA) is investigating whether Nvidia has implemented anti-competitive practices, which will be determined through a thorough investigation. This raid is part of a broader examination of Big Tech companies by French authorities, who have previously fined Google for infringing EU competition law. The FCA aims to protect competition through various tools and believes that some market failures can be addressed through proposed regulations like the EU Data Act.

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Akash Osta
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