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Dubai News Club > Tech > Amazon’s $1.7 billion deal to buy iRobot is running into some objections
Tech

Amazon’s $1.7 billion deal to buy iRobot is running into some objections

Press Room
Last updated: 2023/11/27
Press Room
Published: November 27, 2023
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European Union regulators have sent a statement of objections to Amazon about the company’s proposed $1.7 billion acquisition of Roomba maker iRobot. In a press release, the European Commission says that it “has informed Amazon of its preliminary view that its proposed acquisition of iRobot may restrict competition in the market for robot vacuum cleaners.”

The European Commission’s statement of objections comes as somewhat of a surprise, as Reuters reported last week that the deal was…

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