Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid

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BRUSSELS : U.S.chipmaker Nvidia has sued EU antitrust regulators for accepting an Italian request last year to scrutinise its acquisition of AI startup Run:ai, saying they had flouted an earlier court ruling restricting their merger powers on minor deals.

The EU executive says it is concerned about killer acquisitions in which big companies buy startups to shut them down, but companies criticise such moves as regulatory over-reach.

It said regulators' decision to take up the Italian request breaches principles of institutional balance, legal certainty, proportionality and equal treatment.

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Category: EconomyBusiness

Markets: SingaporeLuxembourg

Topics: Merger Powers Court Deals Nvidia Ruling 2025 Year Last Request Italian

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 01:08:35 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 347 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26389896

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