• 11/25/2024

Amazon to win unconditional EU nod for iRobot deal 

Reuters

Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies and big players leveraging their dominance into new markets.  

The post Amazon to win unconditional EU nod for iRobot deal  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/amazon-to-win-unconditional-eu-nod-for-irobot-deal/