Friday, 7 July, 2023

EU Regulators Investigate Amazon's Acquisition of iRobot Roomba

European Union regulators are launching an investigation into Amazon's acquisition of iRobot Roomba, a popular brand of robotic vacuum cleaners. The investigation aims to determine if the acquisition would harm competition in the smart home device market. Concerns have been raised about potential anticompetitive practices and the impact on consumer choice. The outcome of the investigation could have significant implications for both Amazon and the smart home industry as a whole.