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Amazon’s $1.7B iRobot buy faces UK antitrust scrutiny

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British antitrust regulators have began investigating Amazon’s buy of robotic vacuum maker iRobot, including additional scrutiny to the $1.7 billion deal

LONDON — British antitrust regulators have began investigating Amazon‘s buy of robotic vacuum maker iRobot, including additional scrutiny to the $1.7 billion deal.

The Competitors and Markets Authority stated Thursday that it is contemplating whether or not the deal will lead to a “substantial lessening of competitors” inside the United Kingdom. In an preliminary step, the U.Ok. watchdog invited feedback on the deal from “any get together.”

The acquisition is already dealing with a assessment within the U.S. by the Federal Commerce Fee amid worries about Amazon’s rising market energy. Client teams had voiced issues after the deal was introduced final 12 months that it will additional the e-commerce big’s dominance within the sensible residence market.

Amazon stated it’s “working cooperatively with the related regulators of their assessment of the merger.”

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Bedford, Massachusetts-based iRobot, which makes the favored Roomba robotic vacuum cleaners, stated it “continues to work cooperatively with each the U.S. FTC and different regulatory businesses of their assessment of the Amazon-iRobot merger.”



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