Chinese regulators have launched an antitrust investigation into Google (GOOG, Financial) (GOOGL, Financial) over alleged violations of the country's anti-monopoly law, according to the Wall Street Journal.
The move appears to be part of a broader crackdown that could also target Apple (AAPL, Financial), Broadcom (AVGO, Financial), and Synopsys (SNPS). ByteDance (BDNCE), the parent company of TikTok, has reportedly complained about Apple's App Store fees, calling them unfair.
Meanwhile, Synopsys' $35 billion acquisition of Ansys (ANSS, Financial) is under review in China, adding to scrutiny from European regulators. China's State Administration for Market Regulation (SAMR) is also revisiting past mergers. Broadcom's $69 billion acquisition of VMware, finalized in 2023, remains under the spotlight.
In December, SAMR launched a probe into Nvidia (NVDA, Financial) over a 2019 merger, and reports suggest Intel (INTC, Financial) may also face an inquiry, though details remain unclear
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