11:42 AM EST, 12/04/2024 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response in the fourth paragraph and latest stock movement in the sixth paragraph.)

Nvidia's ( NVDA ) customers are being asked by European antitrust regulators if they have been offered deals to buy the company's software products bundled with its hardware as part of the European Commission's evaluation of Nvidia's ( NVDA ) proposed $700 million acquisition of Run:ai, Reuters reported Wednesday.

The European Commission is focusing on whether such bundling could strengthen Nvidia's ( NVDA ) position in the graphics processing unit business in which it holds an 84% market share, Reuters said, citing a questionnaire circulated by regulators to Nvidia ( NVDA ) customers.

Regulators are scrutinizing the Run:ai acquisition, which they said threatens competition.

Run:ai only supports Nvidia GPUs right now, but the company plans to make it open-source as soon as the regulatory process is completed, an Nvidia ( NVDA ) spokesperson told MT Newswires. "Not surprisingly, we haven't heard complaints from customers, partners, or even competitors about our plan."

The European Commission did not immediately reply to MT Newswires' request for comment.

Nvidia ( NVDA ) shares were up over 2% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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