Collins Quoted in Fast Company Regarding Nvidia’s DOJ probe
Media Commentary
June 2024
Shawn Collins was recently quoted in the Fast Company article "Nvidia's DOJ Probe is Proof os the Chipmaker's Dominance, Experts Say." The article discusses the fact that after the DOJ and the FTC opened an antitrust investigation into Nvidia, many expected some market panic, but Nvidia’s stock remained largely unchanged.
Collins compares the announcement to the FTC’s 1990 inquiry of Microsoft (Microsoft is also part of the DOJ’s new probe, as is OpenAI). Collins commented that “I’m not as worried about [the probe] because I remember when everybody thought that Microsoft was just too big for anyone to compete with them, and the antitrust regulators were scrutinizing them in the early ’90s. Now, Microsoft is one of many computer companies in the world.” Collins also pointed out that in the agreement, the FTC took responsibility for investigating Microsoft and OpenAI, while the DOJ will handle Nvidia uniquely. That’s notable, Collins says, because the DOJ is the “more well-funded and more competent antitrust regulator . . . To use a sports analogy, when the DOJ said, ‘We’re gonna guard Nvidia,’ that’s an acknowledgment that we’re gonna guard the best player on the team . . . We’re gonna go over here and guard LeBron James. We’re way more concerned about what they can do.’”