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Nvidia Violates Anti-Monopoly Law; CN SAMR to Conduct Further Investigation
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Nvidia (NVDA.US) last cascaded nearly 2% to US$174.3 in pre-market sessions. China's State Administration for Market Regulation (SAMR) announced that, after preliminary investigations, it found that Nvidia violated the Anti-Monopoly Law of the People's Republic of China and the SAMR's Announcement on the Anti-Monopoly Review Decision Regarding the Approval of Nvidia's Acquisition of Mellanox Technologies' Equity with Additional Restrictive Conditions. As such, the SAMR decided to conduct a further investigation in accordance with the law. AAStocks Financial News Website: www.aastocks.com |
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