"On January 31, 2024, one of the FTC’s Commissioners spoke at an antitrust conference in Brussels and said the
FTC had been prepared to block the transaction."
"We are pleased that Amazon and iRobot have abandoned their proposed transaction... The Commission’s investigation revealed significant concerns about the transaction’s potential competitive effects. The FTC will not hesitate to take action in enforcing the antitrust laws to ensure that competition remains robust."
"Amazon and robot vacuum maker iRobot (NASDAQ:IRBT) said Monday they would end their plans to merge in the face of opposition from EU and U.S. antitrust regulators."
https://oversight.house.gov/wp-content/uploads/2024/04/05012...
"We are pleased that Amazon and iRobot have abandoned their proposed transaction... The Commission’s investigation revealed significant concerns about the transaction’s potential competitive effects. The FTC will not hesitate to take action in enforcing the antitrust laws to ensure that competition remains robust."
https://www.ftc.gov/news-events/news/press-releases/2024/01/...
"Amazon and robot vacuum maker iRobot (NASDAQ:IRBT) said Monday they would end their plans to merge in the face of opposition from EU and U.S. antitrust regulators."
https://www.investing.com/news/economy/amazon-roombaparent-i...