FTC reviewing Amazon's $1.7 billion deal to buy iRobot
https://apnews.com/65d4e0de892f0e1b2f8ee20b6f45832e
NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition iRobot, the latest deal that’s under scrutiny by the regulators amid growing concerns about the company’s market power.
In a regulatory filing Tuesday, iRobot said both it and Amazon received a request for additional information in connection with an FTC review of the merger. Earlier this month, securities regulators made a similar request to Amazon and One Medical, the primary health care company the e-commerce giant is planning to buy for $3.9 billion.
FTC reviewing Amazon's $1.7 billion deal to buy iRobot
Sep 20, 2022, 7:41pm UTC
https://apnews.com/65d4e0de892f0e1b2f8ee20b6f45832e
> NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition iRobot, the latest deal that’s under scrutiny by the regulators amid growing concerns about the company’s market power.
> In a regulatory filing Tuesday, iRobot said both it and Amazon received a request for additional information in connection with an FTC review of the merger. Earlier this month, securities regulators made a similar request to Amazon and One Medical, the primary health care company the e-commerce giant is planning to buy for $3.9 billion.