iRobot

Andy Jassy criticizes US and EU regulators over blocking mergers like the iRobot deal, saying they trust Chinese companies with maps of homes more than Amazon

Some European entrepreneurs believe the EU's scrutiny of deals involving tech giants will lead to less M&A activity, reducing exit routes from their business

The Financial Times writes about how EU startups now agree and worry about the consequences of these regulator actions. … X: Lewis Crofts / @lewis_crofts : Start-ups getting nervous about @EU_Commissi...

Sources: Amazon won't offer concessions to the European Commission to garner approval for its $1.4B takeover of iRobot; the EU's final deadline is February 14

The European Commission says Amazon's $1.4B iRobot acquisition may restrict competition; Amazon plans to work to address its concerns; IRBT drops ~18%

On 6 July 2023, the Commission opened an in-depth investigation … Jay Peters / The Verge : Amazon's $1.7 billion deal to buy iRobot is running into some objections Elizabeth Montalbano / Computerworld...

The European Commission opens a full-scale investigation into Amazon's $1.7B iRobot acquisition, setting a November 15, 2023 deadline to clear or block the deal

Foo Yun Chee / Reuters :

The UK CMA clears Amazon's proposed $1.7B iRobot deal, saying acquiring the robot vacuum maker would have “no impact on competition in the UK”

So yeah, no competition impact indeed. Tweets: @cmagovuk : We have cleared Amazon's $1.7bn purchase of iRobot. Our full text decision on why we cleared the merger will be published in due course. Find...

Sources: the EU plans to investigate Amazon's proposed $1.7B deal for Roomba-maker iRobot over privacy concerns, sending the company a set of detailed questions

Regulators have privacy concerns over acquisition of iRobot in sign of growing scrutiny of Big Tech dealmaking