EU regulators say Amazon's acquisition of vacuum maker iRobot may harm competition

EU regulators say Amazon's acquisition of vacuum maker iRobot may harm competition

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European regulators say Amazon’s proposed acquisition of robot vacuum maker iRobot may harm competition. The European Commission, the European Union’s top antitrust enforcer, said Monday that it has informed Amazon of its “preliminary view” regarding the deal following an investigation that began in July. Regulators have raised concerns that the buyout may hinder iRobot’s rivals from effectively competing on Amazon’s marketplace. They say Amazon is an important platform for sales of robot vacuum cleaners in France, Germany, Italy and Spain. The commission has until February 14 to make a final decision on the deal. Amazon says its working with regulators and will address their concerns.

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