Coverage dated November 23, 2023 to November 27, 2023
EU regulators say Amazon’s acquisition of vacuum maker iRobot may harm competition
Headline from Courthouse News Service, on the newest of 2 developments
Anti-monopoly organizations have voiced concerns about the deal, saying that it would broaden the e-commerce giant’s dominance in the smart home market.
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Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
iRobot shares close up 39% on report Amazon deal set to get EU approval
Headline from NBC 5 Dallas-Fort Worth ·
Newest
EU regulators say Amazon’s acquisition of vacuum maker iRobot may harm competition
iRobot Corp., the vacuum-cleaner maker that Amazon.com Inc. is proposing to buy in a billion-dollar deal, soared by the most in nearly three years on a report that European Union regulators plan to clear the merger.
Shares of iRobot, the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon’s acquisition.
Amazon.com Inc.’s $1.4 billion deal for vacuum cleaner firm iRobot Corp. risks being derailed unless the firms fix a list of competition concerns highlighted by the European Union’s antitrust arm.
Anti-monopoly organizations have voiced concerns about the deal, saying that it would broaden the e-commerce giant’s dominance in the smart home market.
(iRobot Photo) Shares of Roomba maker iRobot fell nearly 20% after the European Commission said Amazon's proposed $1.7 billion acquisition of the company
Amazon’s $1.4 billion deal for Roomba maker iRobot risks being derailed unless the firms fix a list of competition concerns raised by the EU's antitrust arm.
European regulators said Monday that Amazon’s proposed acquisition of robot vacuum maker iRobot may harm competition. The European Commission, the European Union’s executive arm and top antitrust enforcer, said it has informed Amazon of its “preliminary view” regarding the deal following an investig…
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
EU regulators say Amazon’s acquisition of vacuum maker iRobot may harm competition | Since Then
