Core Points - Qualcomm is under investigation by the State Administration for Market Regulation (SAMR) for allegedly violating the Anti-Monopoly Law by failing to legally declare its acquisition of Autotalks [1][2][3] - The investigation is a routine enforcement action based on a report received after Qualcomm announced the acquisition in May 2023 [3] - SAMR determined that the acquisition did not meet the declaration threshold but had evidence suggesting it could restrict competition [3] - Qualcomm was notified in March 2024 to submit a declaration, but it abandoned the transaction shortly after [3] - In June 2025, Qualcomm completed the acquisition without declaration or communication with SAMR, leading to the current investigation [3][4] Summary by Sections - **Investigation Announcement** - SAMR announced an investigation into Qualcomm for not declaring its acquisition of Autotalks, which is seen as a violation of the Anti-Monopoly Law [1][2] - **Details of the Acquisition** - Qualcomm announced the acquisition in May 2023, but it was reported to SAMR, which assessed that the acquisition could potentially limit competition [3] - **Regulatory Actions** - SAMR issued a written notice to Qualcomm in March 2024, requiring a declaration before proceeding with the acquisition, which Qualcomm later abandoned [3] - The acquisition was completed in June 2025 without proper declaration, prompting the investigation [3][4] - **Future Steps** - SAMR will continue to conduct the investigation based on principles of legality, objectivity, and fairness [4]

Core Viewpoint - The article discusses the investigation by the State Administration for Market Regulation (SAMR) into Qualcomm for alleged violations of the Anti-Monopoly Law of the People's Republic of China, particularly concerning its acquisition of Autotalks [1][2][3]. Group 1: Investigation Details - The investigation is part of SAMR's routine enforcement of the Anti-Monopoly Law [3]. - Qualcomm announced its acquisition of Autotalks in May 2023, which prompted a comprehensive evaluation by SAMR after receiving a complaint [3]. - Although the acquisition did not meet the reporting threshold, evidence suggested it could restrict competition [3]. - SAMR formally notified Qualcomm on March 12, 2024, to submit the acquisition for approval, which Qualcomm later abandoned [3]. - Despite this, Qualcomm completed the acquisition in June 2025 without prior approval or communication with SAMR [3]. - Following a complaint, SAMR verified the facts, and Qualcomm admitted to the violations, leading to the formal investigation [3]. Group 2: Future Actions - SAMR will continue to advance the investigation based on principles of legality, regulation, objectivity, and fairness [4].

Core Viewpoint - Qualcomm is under investigation by the State Administration for Market Regulation for failing to legally declare its acquisition of Autotalks, which is suspected of violating the Anti-Monopoly Law of the People's Republic of China [2] Group 1 - Qualcomm's acquisition of Autotalks was not reported as required, leading to legal scrutiny [2] - The investigation is part of regulatory efforts to enforce compliance with anti-monopoly regulations in China [2]

Core Viewpoint - Qualcomm is under investigation by the State Administration for Market Regulation for allegedly failing to legally declare its acquisition of Autotalks, which may violate the Anti-Monopoly Law of the People's Republic of China [1] Group 1 - Qualcomm's acquisition of Autotalks has not been reported as required, leading to legal scrutiny [1] - The investigation is based on potential violations of the Anti-Monopoly Law in China [1]

Group 1 - Applied Digital experienced a significant increase in stock price, rising by 25.9% due to a surge in AI computing demand, with Q1 revenue growth reported at 84% [1] - Levi Strauss, the denim apparel manufacturer, saw a decline in stock price by 10.4% as Q4 earnings guidance fell below expectations [1] - Qualcomm's stock decreased by 1.2% amid allegations of antitrust law violations [1] Group 2 - Venture Global's stock plummeted by 19.3% following a loss in the arbitration case against BP regarding liquefied natural gas [1]

Company News - Venture Global's stock fell over 16% in pre-market trading after losing an arbitration case against BP regarding liquefied natural gas [1] - Qualcomm's stock dropped over 1% in pre-market trading due to an antitrust investigation initiated by China's market regulator [1] - Applied Digital's stock surged nearly 23% in pre-market trading, with Q1 revenue increasing by 84%, exceeding expectations [1]

Group 1 - Qualcomm is under investigation by the State Administration for Market Regulation due to its acquisition of Autotalks not being reported as required, potentially violating the Anti-Monopoly Law of the People's Republic of China [1]

Core Viewpoint - Apple and Amazon have won a consumer antitrust lawsuit, with a federal court in Seattle dismissing allegations of collusion to raise iPhone and iPad prices [1] Group 1: Case Background - The lawsuit originated in 2022, filed by U.S. residents who purchased new iPhones and iPads on Amazon since January 2019 [3] - Plaintiffs accused Apple and Amazon of violating antitrust laws through a 2019 agreement that limited the number of competitive resellers [3] - In 2018, Amazon had approximately 600 third-party Apple resellers, and it was alleged that Apple agreed to provide discounts if Amazon reduced the number of resellers [3] Group 2: Court Ruling - Judge Kimberly Evenson ruled that the plaintiffs' lawyers misled the court and concealed the fact that the plaintiffs had decided to withdraw from the case [3] - The judge noted that the plaintiffs falsely claimed they did not intend to abandon the proposed class action while attempting to add new plaintiffs [3] - The court did not accept the argument that the proposed class action could continue even if the lead plaintiff withdrew [3] Group 3: Legal Fees and Reactions - In May, the plaintiffs' law firm indicated they would not oppose a joint payment of $223,000 in legal fees to Amazon and Apple after the court found the plaintiffs failed to "honestly and/or accurately describe their clients' intentions" [4] - The law firm acknowledged that the situation could have been handled better and committed to ensuring the case was conducted with "the highest professional standards" [4] - Both Apple and Amazon denied any wrongdoing, and their lawyers did not immediately respond to requests for comment [4]

Core Viewpoint - The U.S. District Court for the Northern District of California dismissed a lawsuit against Hermès regarding its sales practices for the Birkin bag, affirming that the company's strategy does not violate antitrust laws [2][4]. Group 1: Lawsuit Details - Three consumers filed a lawsuit in March 2024, alleging that Hermès leveraged its market dominance to compel customers to purchase other products before being allowed to buy the Birkin bag, potentially spending tens of thousands of dollars [2]. - The plaintiffs claimed that this "allocation rule" was a covert sales strategy that violated the Sherman Antitrust Act and California's unfair competition law [2]. Group 2: Court Ruling - Judge James Donato stated that Hermès, as a private entity, has the right to control its production and sales, including limiting the supply of the Birkin bag and setting high prices, which does not constitute antitrust violations [4]. - The judge emphasized that Hermès' strategy of maintaining scarcity is a legitimate business practice and not an abuse of market power, thus concluding the lawsuit in favor of Hermès [4].

Core Viewpoint - The article discusses the ongoing investigation by China's State Administration for Market Regulation (SAMR) into NVIDIA for potential violations of antitrust laws related to its acquisition of Mellanox Technologies, indicating concerns over competition in the GPU and networking markets [1][2]. Group 1: Investigation Details - NVIDIA is under further investigation for its acquisition of Mellanox Technologies, which occurred six years ago [2]. - The SAMR's initial investigation began in December 2020, focusing on whether the acquisition could exclude or restrict competition in the global and Chinese markets for GPU accelerators and networking devices [2][4]. - The acquisition was completed in 2019, with NVIDIA acquiring all shares of Mellanox, which became a wholly-owned subsidiary [4]. Group 2: Regulatory Process - The SAMR conducted five rounds of review and analysis from the submission of the acquisition in April 2019 until February 2020 [4]. - During the review, the SAMR consulted various stakeholders, including government departments, industry associations, competitors, and downstream customers to gather insights on market structure and competition [4]. Group 3: NVIDIA's Position - NVIDIA has stated that China is a crucial market for its operations and has committed to providing high-quality products and services to Chinese customers [4]. - In July 2023, NVIDIA faced scrutiny from the National Internet Information Office regarding security risks associated with its H20 computing chip [4].