On December 2, 2021, the Federal Trade Commission (“FTC”) announced that it had filed an administrative complaint (the “Complaint”) to block Nvidia Corp.’s (“Nvidia”) $40 billion.
On October 6, 2021, Jonathan Kanter, President Biden’s pick to lead the U.S. Department of Justice’s (“DOJ”) Antitrust Division (the “Division”) testified before the U.S. Senate.