Amazon's $1.7B iRobot purchase faces UK antitrust scrutiny

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Amazon's $1.7B iRobot purchase faces UK antitrust scrutiny
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British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal.

FILE - An Amazon company logo is seen on the facade of a company's building in Schoenefeld near Berlin, Germany, on March 18, 2022. British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal. The Competition and Markets Authority said Thursday April 6, 2023 that it's considering whether the deal will result in a “substantial lessening of competition” within the United Kingdom.

FILE - An Amazon company logo is seen on the facade of a company's building in Schoenefeld near Berlin, Germany, on March 18, 2022. British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal. The Competition and Markets Authority said Thursday April 6, 2023 that it's considering whether the deal will result in a “substantial lessening of competition” within the United Kingdom.

LONDON — British antitrust regulators have started investigating Amazon’s purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal. The Competition and Markets Authority said Thursday that it’s considering whether the deal will result in a “substantial lessening of competition” within the United Kingdom. In an initial step, the U.K. watchdog invited comments on the deal from “any interested party.”by the Federal Trade Commission amid worries about Amazon’s growing market power.

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