French Authorities Raided Nvidia's France Office
French Authorities Raided Nvidia's France Office
The Autorité de la concurrence launches a surprise dawn raid against Nvidia.
Going by the quality of GPU and prices they have been launching at, I'd wager there is a secret agreement between Nvidia and AMD.
5 years ago they would try to give better value with each generation, faster cheaper and more available. That competition got us the gems like gtx970, gtx1060, rx480/590 and rx5700.
Now we have to choose between overpriced or nerfed hardware like 4050, rx6500, 4070ti or 7700xt.
This is the best summary I could come up with:
The chipmaker is reportedly suspected of committing anticompetitive practices in the graphics cards sector.
The French Competition Authority didn't disclose the name of the company on which it conducted the raid.
The Wall Street Journal (WSJ) reported that sources familiar with the matter claimed that it was Nvidia.
"Such dawn raids do not pre-suppose the existence of a breach of the law which could be imputed to the company involved in the alleged practices, which only a full investigation into the merits of the case could establish, if appropriate," wrote the French Competition Authority in the report.
According to WSJ, dawn raids consist of the authorities showing up early in the morning to confiscate a company's physical and digital materials.
Nvidia's latest financial results show that the company pulled in $13.5 billion in revenue, a whopping 101% improvement from last year.
The original article contains 275 words, the summary contains 141 words. Saved 49%. I'm a bot and I'm open source!
10 million dollar fine incoming!
They will never recover 🐸
Also, lets give them billions of dollars of taxpayer money so we can compete with China ...
neat