Who is suing NVIDIA?

The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.'s $40 billion acquisition of U.K. chip design provider Arm Ltd.


Why the FTC rejected Nvidia's antitrust settlement for $75 billion ARM deal?

The FTC alleged "the proposed merger would give Nvidia the ability and incentive to use its control of this technology to undermine its competitors, reducing competition and ultimately resulting in reduced product quality, reduced innovation, higher prices, and less choice, harming the millions of Americans who benefit ...

Can the FTC block a merger?

When necessary, the FTC may take formal legal action to stop the merger, either in federal court or before an FTC administrative law judge.


Can the FTC put you in jail?

The FTC is a civil law enforcement agency. That means that, while we can't put people in jail, many of our partners can and do, including the U.S. Department of Justice, U.S. Attorneys, and other federal, state, and local criminal law enforcers.

Can the FTC get my money back?

Enforcement. The FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. The chart below includes recent FTC cases that resulted in refunds. If you'd like to know more about how the refund program works, visit this page about the FTC's process.


The Government is SUING NVIDIA? - WAN Show December 3, 2021



Is Nvidia limiting supply?

The company also says its 'LHR' Ethereum mining-capped cards made up over 80% of all Q2 RTX 3000 shipments.

Did Amazon lose the antitrust case?

In response to an antitrust price-fixing investigation by the Washington state attorney general, the company agreed to pay a $2.25 million fine in January and shutter a program in which it agreed on pricing with third-party sellers, rather than compete with them.

Why did YouTube get sued by FTC?

In particular, the FTC ruled that YouTube was partly liable under COPPA, as the service's rating and curation of content as being suitable for children constituted the targeting of the website towards children.


Can you sue a Youtuber?

Depending on the nature of the content, YouTube can strictly penalize content creators – by removing the content, demonetizing a channel, or removing the channel altogether. Beyond that, content creators can be sued. However, lawsuits can be both costly and time-consuming.

Can FTC bring criminal charges?

The FTC is not a criminal agency, however. While criminal charges can be served by the Department of Justice, the FTC is a civil law agency. This means that criminal charges will never be served by the FTC personally, although hefty and expensive civil charges can be.

What does the FTC do with fine money?

All civil penalties are deposited into the Civil Penalty Fund, where they are pooled and can be used for payments to any eligible victim. Victims are not limited to receiving only what the person or company that harmed them paid into the Fund.


Who is suing Amazon and why?

Amazon faces a new lawsuit from the attorney general of Washington, D.C. that alleges the e-commerce giant used customer tips meant for delivery drivers to reduce what it owed in driver wages.

Who is trying to compete with Amazon?

Its biggest retail competitors are Alibaba, eBay, Walmart, JD, Flipkart, and Rakuten. For the online streaming services audience, Amazon competes with Netflix, Hulu, Apple TV, and Disney+.

Did Amazon win the lawsuit?

Amazon, major publishers win dismissal of antitrust lawsuits over book pricing | Reuters.


Is Nvda a long term hold?

NVIDIA is a good long-term investment based on a reasonable assumption that the company will continue to dominate the GPU market for the next 10 years as it did in the past.

Will GPU shortage ever end?

Nvidia has also confirmed that inventory for its GPUs will improve during the second half of 2022.

What are the weaknesses of Nvidia?

Nvidia has a solid business strategy. However, the company's financial ratios require more effort to ensure safer margins. The company's current cash ratio is below the industry average. This could be an issue soon if the company needs to meet its current financial obligations, as it has a low current ratio.


Why did Amazon employees quit?

One frequently cited reason for the high rate of departures is Amazon's unusual compensation structure. Unlike other tech companies, Amazon caps salaries at around $160,000 for its white-collar workers, then adds stock grants that gradually vest in steadily increasing chunks over a period of four years.

Who is Walmart's biggest competitor?

  • Amazon is a global eCommerce powerhouse and Walmart's top competitor. ...
  • Costco is a members-only wholesale retailer and competes with Walmart and its subsidiaries. ...
  • Best Buy is a consumer electronics retailer with 1779 stores in North America.


Are Amazon workers quitting?

Amazon has seen enormous employee losses over the course of 2022. Engadget reports that employee attrition rates rose to as high as 150% this year, and this should be alarming for a number of reasons. For one thing, it means that Amazon has lost more employees than it started the year with.


Why are people boycotting Amazon?

Amazon has been accused of illegally firing workers in Chicago, New York and Ohio, calling the police on workers in Kentucky and New York, and retaliating against workers in New York and Pennsylvania.

Who is suing Jeff Bezos?

Wedaa is suing Bezos personally, along with two companies – Zefram and Northwestern – that manage his interests and properties.

Did Walmart sue Amazon?

The retail giant had sued the two online ventures, accusing them of recruiting Wal-Mart execs in order to steal trade secrets. As part of the settlement, one former Wal-Mart employee will be assigned to a new position at Amazon and eight others will be restricted in their work assignments.


Are FTC cases civil or criminal?

The FTC's Criminal Liaison Unit helps prosecutors bring more criminal consumer fraud cases. The FTC's civil enforcement actions shut down fraud and get restitution for consumers or disgorgement to the U.S. Treasury. Examples of FTC fraud cases include: telemarketing scams.

Who gets the money when companies are fined?

Over at the SEC, a spokesperson said the agency can allocate civil penalties to one of three places: the general fund at the U.S. Treasury, the Treasury's Investor Protection Fund (which is used to help fund awards granted to whistleblowers), or another separate fund used to repay harmed investors.