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EU blocks Amazon takeover of iRobot
The EU's competition watchdog has made a decision on Amazon's bid to purchase iRobot.
Amazon's takeover of vacuum cleaner maker iRobot is set to be blocked by the European Union's competition watchdog, the BBC understands. "If the objective is to have more competition in the home robotics sector, this makes no sense," said Matt Schruers, president of tech lobbying group Computer and Communications Industry Association. "Blocking this deal may well leave consumers with fewer options, and regulators cannot sweep that fact under the rug," Schruers told Reuters.
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