NVIDIA's Tmall flagship store has completely cleared and removed all products, previously subjected to antitrust investigation

LB Select
2024.12.12 08:00
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On December 12, Financial 界 reported that NVIDIA's Tmall flagship store has completely removed all products. On December 9, the State Administration for Market Regulation launched a formal investigation into NVIDIA for allegedly violating the Anti-Monopoly Law of the People's Republic of China and the announcement regarding the anti-monopoly review decision on NVIDIA's acquisition of Mellanox Technologies Ltd. (State Administration for Market Regulation Announcement [2020] No. 16). According to the announcement mentioned, in April 2020, the State Administration for Market Regulation approved NVIDIA's acquisition of Mellanox with additional restrictive conditions, requiring NVIDIA not to engage in forced bundling or discrimination against customers when selling related products in the Chinese market, and to ensure product interoperability. NVIDIA is required to continue supplying GPU accelerators, Mellanox high-speed networking devices, and related software and accessories to the Chinese market based on the principles of fairness, reasonableness, and non-discrimination. In response to the regulatory investigation, NVIDIA stated on December 10: "NVIDIA wins with strength, as reflected in our benchmark results and the value we provide to customers, who can choose any solution that best fits their needs. We strive to offer the best products in every region and fulfill our commitments wherever we operate. We are happy to answer any questions regulators may have about our business." China is an important market for NVIDIA