Amazon abandons $1.4 billion iRobot acquisition after EU veto threat

Engadget
By Nathan IngrahamJan 29, 2024, 9:01 am144 pts
Amazon and iRobot, maker of the Roomba vacuum line, just announced that they would be dropping their proposed merger. The potential acquisition was announced back in August of 2022 and was immediately the target of antitrust watchdogs, particularly in the EU. The European Commission (the EU's executive branch)…

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