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US antitrust body is looking into Amazon's takeover of vacuum maker iRobot

 2 years ago
source link: https://nextbigwhat.com/us-antitrust-body-is-looking-into-amazons-takeover-of-vacuum-maker-irobot/
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NBW News US antitrust body is looking into Amazon’s takeover of vacuum maker iRobot

US antitrust body is looking into Amazon’s takeover of vacuum maker iRobot

  • September 3, 2022
  • The US Federal Trade Commission has begun a review of Amazon.com’s $1.7 billion takeover of robot vacuum maker iRobot Corp to decide if the deal violates antitrust law.
  • The US anti-trust body’s iRobot review is wide-ranging and would include both head-to-head competition and whether the deal would illegally boost Amazon’s market share.
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